Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Roscommon County treasurer reports Q4 2025; foreclosures and class‑action settlements remain active
Summary
Treasurer Marcy Dankert told commissioners Roscommon County's investments are yielding just under 4% after a 0.25% federal cut; she reported ongoing work on prior‑year foreclosures with roughly five payouts and six cases going to circuit court, and that the county paid about $20,000 toward a class‑action settlement and was billed an additional $12,000 in attorney fees.
Marcy Dankert, Roscommon County treasurer, presented the fourth‑quarter 2025 financial report and discussed outstanding foreclosure work and class‑action settlement obligations. Dankert said the county's investments are "still hovering just under 4%" after a recent 0.25 percentage‑point federal rate cut and that staff will continue to monitor federal rate changes in 2026.
Dankert described prior‑year foreclosure work and excess‑proceeds claims from 2013–2020: the county has paid approximately five of those claims and has roughly six matters that must go before a circuit court judge because of probate or multiple claimants. She also said the county has paid about $20,000 toward a class‑action settlement and "we just got billed for an additional 12,000" in attorney fees; Dankert noted the case from Isabella County could be considered by the U.S. Supreme Court on whether counties must pay fair market value rather than excess proceeds, a decision that could increase liabilities for counties.
