Committee member Randy Edwards asked how meeting twice a month would improve cash flow. Knox responded, “We won’t have to release as large sums of money all at once. We can pay little amounts as we go … that helps cash flow.”
An employee of the county clerk’s office said she agreed demand claims and monthly claims should be combined, however she questioned whether bills could be paid every two weeks.
The Committee eventually tabled taking action on the policy until its March committee meeting.
During his monthly report, Knox reported the county’s General Corporate working cash balance is approximately $159,000 following the most recent payroll. Monthly claims to be approved on Monday are $96,354, although the treasurer noted the treasurer’s office is holding January claims of about $100,000 and some December claims.
Knox said the county received two state income tax payments in December and the county is still awaiting payments of $164,801 for January and $174,896 for February.
“Will that allow us to get caught up? No, but it will help us get headed in the right direction,” Knox said.
The Technology Committee met prior to the Fiscal Committee but took no action due to a lack of a quorum. On Monday at the full board meeting, representatives from three companies are expected to submit quotes for computer equipment updates and quotes for FOIA complaint e-mails and automatic archiving.