2025-01-13 Auditor Treasurer UpdateAuditor / Treasurer / Finance Committee Update
January 13, 2025
10:02 a.m.
Present: Commissioner Brummer, Commissioner Pollock, Commissioner Swope, County Manager Ryan
Barrett, Grace Jimenez, Graham Gowing, Larry Grove, Rodney Reynolds, Meja Handlen, Arny Davis
Guest(s): None
Recorder: Tammy Martin
Public comment: None
Finance Committee:
Arny Davis started the Finance Committee update at 10:02 a.m. Rodney Reynolds presented slides for
short-term investments, long-term investments, Lewis County’s investment pool (LCIP), and discussed
the quarterly investment compliance review. Arny Davis closed the Finance Committee meeting at 10:23
a.m.
Treasurer Office Updates:
Commissioner Swope asked about investing in Bitcoin. Rodney Reynolds explained there are certain
principals required for investing public funds. Rodney said it is important to always consider safety,
liquidity, and returns. Rodney said returns should never come before safety or liquidity. The funds being
invested should never lose the initial investment.
Rodney said sales and use tax receipts saw a 0.5% YTD increase from the previous year and lodging tax
saw an increase 7.4% over 2023.
Auditor’s Office Updates:
Grace Jimenez provided the year-to-date general fund report to the Commissioners. Grace said that this
time, all departments are within budget.
Graham Gowing addressed the Board about presenting the warrant resolution. For use of resources,
Graham suggested not reading the warrant detail piece during the meeting. This will be a slight change
in process for the weekly Business Meeting.
Larry Grove said ballots will go out January 21.
10:51 a.m.