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Ward County board approves revised 2027 budget request, opens short-term CDs
Summary
Ward County Water Resource Board reviewed a revised 2027 budget and approved opening and renewing three short-term certificates of deposit totaling $525,000 to earn higher interest while holding funds for projects.
Vice Chair Jason Zimmerman and Secretary/Treasurer Sarah Walker presented a revised 2027 budget and reminded the board of a previously approved request for $600,000 in funding. The board voted on routine financial business, including opening a six-month certificate of deposit (CD) and renewing two Edward Jones CDs.
Dale Dohms moved to open a six-month CD with Old National Bank for $250,000.00 at 4.15% interest; the motion passed 3-0. The board also authorized renewal of Edward Jones CDs—$240,000 for three months at 4.00% and $35,000 for nine months at 4.05%—by motion (passed 3-0). No additional conditions were recorded in the minutes. The board’s packet notes that the budget revision reflects a conversation with the Ward County Auditor/Treasurer and that the previously approved $600,000 request remains in place.
