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Treasurer: motor‑vehicle operations are net revenue positive; investment income forecast falls
Summary
Treasurer Tina Bertrand said motor‑vehicle operations produce more revenue than cost (about $190k surplus) and warned of lower investment income projections because of falling interest rates; board received the treasurer's budgets 5‑0.
Treasurer Tina Bertrand told supervisors the motor‑vehicle fund has roughly $1.5 million in revenue against about $1.3 million in operating cost, producing nearly $190,000 in net revenue for the county. She emphasized that staffing accounts for the majority (about 88–89%) of motor‑vehicle costs.
On treasury management, Bertrand said interest‑on‑investment projections were reduced because higher rates realized in FY26 will not be sustained; she and staff plan to monitor Federal Reserve action and adjust investment strategy and interest forecasts accordingly. The board voted to receive the treasurer's budgets as presented (motion carried 5‑0).
