County moves to adopt proactive county investment policy
Douglas County officials advance a formal investment policy to govern idle funds up to 30 million dollars. An Investment Advisory Committee will ensure compliance with state law and accounting standards while a new bank switch improves security of deposits for the county, city of Lawrence, school district, and area governments. The plan aims for clear procedures, accountability, and timely approval by year end.
MENTIONED IN THIS ARTICLE
Douglas County
Wall Street
11Th
Massachusetts
1100 Mass
Tom Singleton
Charles Jones
City of Lawrence
Lawrence
Central National Bank
US Bank
Firstar Bank
Pat Wells
Wells
Craig Weinang
Weinang
Investment authorities in Douglas County name leadership
The Douglas County Investment Advisory Committee names key figures including LaVerne Epp president of Bethel College and former Retirement Management Co. president, Pam Madi director of administrative services, Tom Singleton county auditor and CPA, and Pat Wells county treasurer and appointed investment officer.
MENTIONED IN THIS ARTICLE
Douglas County
LaVerne Epp
Bethel College
North Newton
Retirement Management Co
Lawrence
Pam Madi
Tom Singleton
Lowenthal Singleton Webb & Wilson
Pat Wells
Douglas County to invest in data storage and new mower
Douglas County commissioners approve a 97,881 storage area network from Tallgrass Technologies plus a three-year maintenance contract for a 20 percent discount. They also authorize a 5,300 John Deere mower purchase with a 13,510 trade-in to run Broken Arrow Park and other lands, warning depreciation plans may need year-to-year adjustments amid tighter budgets.
MENTIONED IN THIS ARTICLE
Douglas County
Tallgrass Technologies
Broken Arrow Park
John Deere
Bill Bell
Charles Jones
Bell
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