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Presenter says county general fund grew slightly and investment earnings improved since 2020
Summary
The presenter reported a general fund balance of $5,860,000 at June 30, 2020 and $6,230,000 at the end of June this year; three-year investment earnings were listed as $313,000 (2023), $260,000 (2024) and $270,000 (2025).
Brian (S4) reviewed county fiscal markers and said the trimmed-down budget is 'still working' so far: "If you compare us to 06/30/2020, then we had a general fund balance at the end of June of 5,860,000. End of June this year, it was 6,230,000." He also provided recent investment-earnings figures: $313,000 (2023), $260,000 (2024) and $270,000 (2025), which he characterized as an improvement over earlier years.
Members briefly discussed bank rates and small-account rules; Brian said a local bank (1st Dakota) may offer a tighter rate for some funds and that smaller accounts under $25,000 sometimes do not qualify for the top rates. The task force asked staff to investigate whether banking arrangements can be optimized to raise interest income while remaining consistent with county cash-management policies.
