County staff suggests setting unexpected interest income into a risk‑management fund

May 5, 2026

Finance staff told commissioners Pratt County received more interest income than forecast and recommended transferring a portion into a statutory risk‑management fund to build a buffer for insurance and disaster costs rather than expanding recurring spending.

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County finance staff at the budget workshop said Pratt County’s cash‑management returns produced roughly $300,000 more in interest than the budget conservatively estimated. Commissioners discussed options for using the extra receipts and one staff member urged building a statutory risk‑management fund to stabilize future budgetary shocks such as insurance spikes or disaster expenses.

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