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Peoria County updates purchase-card, petty-cash and investment policies; treasurer says changes align with state guidance
Summary
Treasurer Branden Martin presented minor updates to purchase-card, petty-cash, and investment policies. The board approved the changes by voice vote; Martin said the revisions align with state guidance and incorporate small edits requested by board members.
Branden Martin, identified in the meeting as Treasurer Martin, presented a package of updates to the county's purchase-card, petty-cash, and investment policies after consulting with board members who requested minor amendments.
Martin said he implemented a few small changes but that the policies remain consistent with state guidelines. "…it kind of aligns with where we need to be with ecards and investment policy and it follows the guidelines of what the state has," Martin said.
Board members had no further questions and approved the package by voice vote; the chair declared the motion carried unanimously. Martin thanked the board for their input.
No specific dollar changes or investment allocations were listed in the packet summary given at the meeting. The treasurer and finance staff will follow up as needed on administrative implementation and any department-level questions about purchase-card or petty-cash procedures.
