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County adopts investment policy, approves cash‑fund appropriations and $1M Rainy Day transfer
Summary
The board adopted the Cleveland County Investment Policy under 62 O.S. §348.3, approved multiple cash‑fund appropriations across county funds, and recorded a $1,000,000 transfer into the Rainy Day Fund during the June 30 meeting.
The board adopted a resolution designating Cleveland County's investment policy for FY25/26 under 62 O.S. §348.3 and approved designation of county financial entities for the fiscal year. The Treasurer's section also included Dell support renewals totaling $8,443.90 annually for multiple server service tags.
Recorded cash-fund appropriations include numerous county funds (e.g., County Clerk Lien Fee, Bridge & Road Improvement, Jail Commissary, Sales Tax) with amounts itemized in the minutes; the Treasurer also recorded a transfer of $1,000,000 to the Rainy Day Fund. These financial items were handled as part of the consent docket and passed by unanimous vote.
