2019-04-17 Auditor Treasurer UpdateAuditor / Treasurer Update
April 17, 2019
10:31 a.m.
Present: Commissioner Stamper, Commissioner Fund, County Manager Erik Martin, Arny Davis, Rodney
Reynolds, Larry Grove, Becky Butler
Recorder: Rieva Lester
Rodney Reynolds reviewed investment earnings, which he said
reflect a very slight uptick. He noted that Centralia School
District’s bond accounts for a large portion of the allocation of
the month-end liquid deposits portfolio.
Rodney noted that property taxes are rolling in.
Rodney and Arny Davis discussed bumps in basis points.
Rodney discussed special purpose districts’ zero-balance accounts.
Rodney and Arny discussed a recent fiasco hiccup related to a couple of large Centralia School District
warrants, which totaled more than $7 million. They said the district hadn’t given a heads up that the
warrants were coming and that they caused the caused the county’s account to be overdrawn. Arny said
the bank ultimately agreed to waive the roughly $10,000 in overdraft fees and that Centralia has
promised that it will contact the county anytime it has high-dollar warrants in the future.
Arny said the Treasurer’s Office missed its goal to have 2018 reconciliation done by April 15 but is close
to completing it. He said the reconciliations likely will be completed – with corrections made – by the
end of the month.
Rodney and Becky Butler discussed running revenue reports in Munis.
Arny said the county last updated its debt policy in 2000. He said the plan is to update it.
Arny said the East Lewis County Public Development Authority (ELCPDA) is out of compliance regarding
repayment of its loan from Lewis County. Commissioner Stamper said he has reached out to Lee Grose
and plans to reach out to Matt Matayoshi of the EDC regarding the matter.
Commissioner Stamper and Becky Butler said Harmony Park appear to be assessed at much higher rates
than other area parks. Becky said it likely would be a question for the Assessor’s Office.
Becky left at 11:13 a.m.
The group reviewed 2019 year-to-date expenditures.
Larry said financial reports are due May 30. He said the slow-down from the Treasurer’s Office regarding
year-end reconciliation means the Auditor’s Office will have to do in five weeks what it generally
TO-DO LIST / RECAP
Erik / BOCC: Work on op ed
regarding election funding
accomplishes in 2.5 months. He said he is concerned that the compression will affect the July 1 rollout of
payroll through Munis.
Larry said a WSAC group has drafted an op-ed regarding “fair share” election funding, requesting the
state pay for even-year elections. He said it’s a repeat of a topic the state has been ignoring for years.
The group further discussed the op ed.
Rodney and Arny left at 11:28 a.m.
Larry said he was under the impression that there would be a grass-roots effort to encourage the state
to provide funding for even-year elections.
Erik noted that if unfunded mandates magically disappeared, the county’s first move likely would be to
increase funding for Law and Justice.
Larry said Recording and Licensing will be short-handed for the week.
Meeting adjourned at 11:44 a.m.