Treasury flags long-outstanding checks and bank-balance reporting errors; staff plan cleanup

Treasury and finance staff told the committee that the cash-balance figures shown in the packet reflect a number of long-outstanding checks—some going back to 2022—and that the current presentation makes the account look far more negative than the actual cash position once those items are reconciled. "It's just kind of a mess," treasury staff said, describing outstanding checks, sweep-account activity and a plan to work with the treasurer to reconcile items and shrink the negative-looking balance.