Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Commissioners approve $9,366.53 PIL payment to replace county checks after bank change
Summary
The county treasurer told commissioners First Montana Bank would not cover bonds above $250,000 and the county opened a warrant account with Glacier Bank, requiring new checks; the board approved a $9,366.53 PIL claim to pay for replacement checks and related insurance costs.
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Lincoln County commissioners approved a PIL claim for $9,366.53 to pay for replacement checks after the county changed banking arrangements.
Treasurer reported First Montana Bank refused to cover bonds for amounts over $250,000, prompting the county to open a warrant account with Glacier Bank and order new checks. Treasury staff explained that the checks ordered were the smallest quantities available for many small districts (fire districts and others) and that some entities, such as schools, already maintained stock of checks.
Commissioners moved and seconded payment from PIL funds, discussed that future orders will be made individually rather than as a large consolidated order, and voted to approve the payment with at least one recorded opposition.
Why it matters: the bank transition and bond requirements created an immediate administrative cost to ensure check security and continuity for local districts; the payment was approved and will be processed by county finance staff.
