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McDonald County Commission rolls two maturing CDs into six-month accounts; revenue report noted
Summary
Treasurer Sheila Fuller told commissioners two certificates of deposit were maturing; the commission voted unanimously to roll both into six-month CDs. The meeting record also shows county revenue of $154,700.43 and Road & Bridge funds of $103,142.78.
At the Jan. 17, 2024 meeting of the McDonald County Commission, Treasurer Sheila Fuller reported that two certificates of deposit were coming to maturity and recommended rolling them over. Western Commissioner Rick Lett moved to roll both CDs into six-month certificates; Presiding Commissioner Bryan Hall seconded. The motion carried with a unanimous vote.
The minutes list the county revenue balance as $154,700.43 and the Road & Bridge balance as $103,142.78. The record does not specify the face value of the maturing CDs, the institutions holding them, or projected interest rates; those details were not included in the minutes.
The commission recorded attendance by county officeholders and noted the next officeholder meeting for Jan. 31, 2024 at 8:30 a.m. The meeting minutes were approved on Jan. 22, 2024.
