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Treasurer: county cash, revenues and proposed write-off of 2021 receivables for school districts
Summary
The county treasurer reported $16.5 million in cash on hand for February, noted collections and interest earned, and asked the court to write off certain 2021 receivables for three school districts with a payment plan for more recent amounts; the court approved the write-off and accepted the monthly report.
Brewster County Treasurer presented the February financial report, reporting total cash on hand of $16,521,604 and an average interest rate of 3.62%, which yielded $57,226 in interest for the period. Total receipts for February were $1,405,697 and the treasurer reported property-tax collections of $4,561,080 against a budgeted $4.9 million, leaving about 6.92% remaining to collect.
The treasurer recommended writing off certain prior-year receivables from 2021 for three school districts (Alpine ISD, Marathon ISD and Presidio-area ISD referenced in the transcript) while establishing a two-payment schedule for 2023–24 balances. The court moved, seconded and approved the write-off and accepted the monthly financial report. Commissioners and staff discussed timing of tourism transfers, the receipt register and the county’s new accounts-receivable module that enabled the office to identify old unpaid items.
