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Board approves routine financial resolutions: mileage, EFTs, fiduciary designees
Summary
The Stevens County Board approved annual financial items including adopting the federal mileage rate for 2026, reauthorizing electronic fund transfers under Minnesota Statute 471.38, and designating fiduciary designees for the auditor/treasurer's office.
The board approved several routine financial and administrative resolutions for 2026.
Staff informed the board that the county's mileage rate effective Jan. 1, 2026, will follow the federal rate (noted in the packet as moving to 0.725); the board received the update. By motion, the board also passed a resolution authorizing the Auditor/Treasurer to make electronic fund transfers under Minnesota Statute 471.38 for routine county payments. The board approved the annual fiduciary designees for 2026 (Stephanie Buss, Rachel Peterson and Cherry Bacon) to authorize investment and custody actions in the Auditor/Treasurer's office.
“These resolutions are required each year to maintain treasury operations and to authorize routine electronic transfers,” a staff member said during the presentation. Commissioners approved the items by motion and voice vote.
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