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HomeMy WebLinkAbout*Other - Finance CommitteeGRANT COUNTY � �I a AUDITOR'S OFFICE P.O. BOX 37 EPHRATA, WA 98823 Finance Committee Attending were: Kevin Burgess, Cindy Carter, Rob Jones, Shannon Falstad-Grant County Auditor, and Amanda Simonsen -Accountant, meeting on August 25, 2026. Discussion was held regarding future Auditor's financial reports created by the new system. Once the 2026 adopted budget and the Treasurer's revenue reports have been successfully uploaded into the new system, the reports will reflect more accurate numbers. No other action was taken. Treasurer report to be emailed due to the absence of Carrie Heston -Grant County Treasurer. Treasurer, hair of The Finance Committee Chair of the BoardV County Commissioners '1A 4mmovt "k Auditor, Secretary of Finance Committee GRANT COUNTY FINANCE COMMITTEE AGENDA Date: Tuesday, August 25th, 2026 1:00 pm 1. Approval of Prior Minutes 11. County Investment Portfolio 7/31 Month 7/31 Daily a. State Pool 3.70580% 3.730238% b. County Pool 3.92000% 8/25/2026 8/25/2026 813112026 7/31 Balance Current Rate Current Balance Estimated 72,460,002.61 3.73426% 63,000,000.00 74,000,000.00 455,640,000.00 528,100,002.61 Tracker Portfolio Accounting & Reporting July 31st, 2026 Description CUstPlTicker Settlement Date Coll Frequency Face Amount/Shares YTM C Cost Rlarket Value Maturity Date Days To Matunty Next Call Date Fixed Assets I US Bank FHLB 0.7 9/18/2026-21 3130AK5J1 9/21/2020 Continuous 10,000,000.00 0.704 9,956,858.50 9/ 49 FHLB 0.75 9/30/2026-20 3130AK6U5 9/30/2020 Continuous 10,000,000,00 0.750 9,946,719.70 9/30/2026 /2026 61 California State 2.375 10/1/2026 13063DRD2 10/13/2020 N/A 5,640,000.00 0.920 5,622,742.73 10/1/2026 62 FFCB 0.78 2/16/2027-22 3133EMQW5 2/17/2021 Continuous 10,000,000.00 0.827 9,824,528.20 2/16/2027 200 FHLB 1 2/26/2027-21 3130ALDA9 2/26/2021 Quarterly 10,000,000,00 1.000 9,824,099.40 2/26/2027 210 8/26/2026 FHLB 0.92 2/26/2027-21 3130ALCE2 2/26/2021 Quarterly 10,000,000.00 0,925 9,825,018.70 2/26/2027 210 8/26/2026 FFCB 4,14 10/9/2029-26 3133ETD95 10/9/2025 Continuous 20,000,000.00 4.158 19,801,522.80 10/9/2029 1,166 FNMA 4.0310/10/2029-26 3135GAVR9 11/6/2025 Quarterly 20,000,000.00 4.060 19,810,869.00 10/10/2029 1,167 10/10/2026 FNMA 4.13 10/22/2029-26 3136GAYS2 10/22/2025 Monthly 20,000,000.00 4,130 19,792,801.40 10/22/2029 1,179 8/22/2026 FHLMC 3.98 11/5/2029-26 3134HB3F6 1115/2025 Monthly 20,000,000.00 4.002 19,618,254.40 11/5/2029 1,193 8/5/2026 FHLMC 4.1 11/13/2029-26 3134HB4S7 11/12/2025 Monthly 20,000,000.00 4.122 19,816,18140 11/13/2029 1,201 8/13/2026 FHLMC 4.07 12/3/2029-26 3134HB5R8 12/3/2025 Monthly 20,000,000,00 4.092 19,745,815.40 12/3/2029 1,221 8/3/2026 FHLMC 3.95 12/11/2029-26 3134HCEJ4 12/11/2025 Monthly 20,000,000.00 3.982 19,749,101.40 12/11/2029 1,229 8/11/2026 FHLMC 4.02 12/17/2029-26 3134HCGR4 12/17/2025 Monthly 20,000,000.00 4.050 19,727,088.60 12/17/2029 1,235 8/17/2026 FHLMC 3.94 12/26/2029-26 3134HCLM9 12/26/2025 Monthly 10,000,000.00 3.973 9,918,031.50 12/26/2029 1,244 8/26/2026 FNMA 3.93 1/14/2030-26 3136GCE68 1/14/2026 Monthly 20,000,000.00 3.965 19,709,294.60 1/14/2030 1,263 8/14/2026 FHLMC 3.88 1/22/2030-26 3134HCPW3 1/22/2026 Monthly 20,000,000.00 3.915 19,814,155.40 1/22/2030 1,271 8/22/2026 FHLMC 3.95 2/1/2030-26 3134HCRE1 2/2/2026 Monthly 20,0(10,000.00 3.985 19,750,610.60 2/1/2030 1,281 8!1/2026 FFCB 4,18 2/12/2030-26 3133ETR90 12/11/2025 Continuous 10,000,000,00 4.211 9,851,113.60 2/12/2030 1,292 FHLMC 3,85 2/19/2030-26 3134HCVCO 2/19/2026 Monthly 20,000,000.00 3.886 19,581,098.60 2/19/2030 1,299 8/19/2026 FHLMC 4.02 3/18/2030-26 3134HCZF9 3/18/2026 Monthly 20,000,000.00 4.056 19,795,506.60 3/18/2030 1,326 8/18/2026 FHLMC 4.44 4/15/2030-26 3134HCD71 4/15/2026 Monthly 20,000,000.00 4.478 19,748,514.80 4/15/2030 1,354 8/15/2026 FHLMC 4.29 5/6/2030-26 3134HCR43 5/6/2026 Monthly 20,000,000.00 4.328 19,747,074.00 5/6/2030 1,375 8/6/2026 FHLMC 4.31 5/21/2030-26 3134HCS59 5/21/2026 Monthly 20,000,000.00 4.346 19,934,794,20 5/21/2030 1,390 8/21/2026 FHLMC 4.02 6/11/2030-26 3134HCYR4 3/11/2026 Monthly 20,000,000.00 4.054 19,885,832.80 6/11/2030 1,411 8/11/2026 FHLMC 4.47 8/12/2030-26 3134HCT33 5/12/2026 Monthly 20,000,000.00 4.506 19,782,426.60 8/12/2030 1,473 8/12/2026 FNMA 4.57 8/21/2030-26 3136GDDA8 5/21/2026 Monthly 20,000,000.00 4.606 19,901,721.40 8/21/2030 1,482 8/21/2026 Sub Total / Average Fixed Assets I US Bank 455,640,000.00 3,739 450,481,778.331 1,149 LGIP I State of Washington State of Washington LGIP LGIP10130 12/31/2020 N/A 72,460,002.61 3.706 72,460,002.61 N/A 1 N/A Sub Total / Average LGIP I State of Washington 72,460,002.61 3.706 72,460,002.61 1 Total / Average 1 528,100,002.61 3.734 522,941,780.94 991 III. Other Revenue & Annual Review (See Reverse) IV. New Business V. Adjournmanet a. Next Meeting Date: Tuesday, September 29th, 2026 at 1:00 pm Submitted By Annual Revenue Comparison o 07-2026 07-2025 (00-1) SALES & USE TAX. (135) COMMUNICATIONS TAX (ONE TENTH) (1-17) PUBLIC SAFETY (113/133) RURAL COUNTY ST SHARE TAX (DISTRESSED) (121) COUNTY CRIMINAL JUSTICE (LAW & JUSTICE) {134) HOTEL/MOTEL LODGING PROPERTY TAXES'�'� PROPERTY TAXES - INTEREST & PENALTY INVESTMENT INTEREST REAL ESTATE EXCISE TAX IL ADMISSION -FAX STATE OR FEDERAL. I'IL-F G d C7 to G CD O 0 G 0 U 0 C J G G C7 d Cj O d C� O C C C� d CJ C� CD CD CD O C� CD C7 CJ 0 6t 7 iJ CJ 0 0 b 0 O G C) CC� CCD J (D C7 C� d d CJ C� C)d C) C� , C7 d d C) 7 G h © CD Ca C7 d C) O O (D C7 C? Q C5 d C 7 C7 C7 C7 C� C7 C> C7 CJ (D Ca G O J C Y Ca O LO (� CT) C)r CV M C LS7 (0 C i ANNUAL REVENUE COMPARISON REVENUE SOURCE 07-2026 06-2026 05-2026 04-2026 03-2026 02-2026 01-2026 12-2025 11-2025 10-2025 09-2025 08-2025 07-2025 (001) SALES & USE TAX 1,299,504,24 $1,278,075.39 $2,190,047.19 $1,150,436.67 $1,101,890.27 $1,311,139.62 $1,193,461.35 $1,299,532.36 $1,424,715.73 $1,622,233.39 $1,187,709.08 $1,512,103.00 $1,586,778.67 (135) COMMUNICATIONS TAX (ONE TENTH) 375,907.42 $347,153.67 $439,961.29 $320,886.44 $314,658.22 $384,179.78 $340,587.01 $361,816.84 $383,401.85 $403,958.57 $345,526.29 $435,509.73 $394,981.64 (117) PUBLIC SAFETY 558,706.57 $540,169.34 $715,555.26 $471,343.56 $461,688.19 $657,002.10 $516,951,64 $540,071.76 $621,032.36 $691,856.90 $540,179.33 $742,761.60 $645,158.52 (1131133) RURAL COUNTY ST SHARE TAX (DISTRESSED) 326,430.39 $314,322.97 $387,274.96 $276,826.45 $287,356.69 $346,178.19 $290,861.85 $305,013,32 $340,339.48 $365,617.61 $292,896.93 $395,454.17 $354,700.89 (121) COUNTY CRIMINAL JUSTICE (LAW & JUSTICE) 305,915.16 $0.00 $0.00 $321,559.79 $0.00 $0.00 $321,647.90 $0.00 $0.00 $321,570.83 $0.00 $0.00 $321,918.85 (134) HOTEL;MOTEL LODGING 79.255.83 $31,225.49 $17,324.59 $24,077.83 $25,803.72 $26,777.25 $29,352.54 $39,641.88 $32,223.14 $167,402.34 $96,823.43 $112,067.07 $42,587.61 PROPERTY TAXES 72,799.76 $698,107.19 $1,393,233.39 $10,484,541.98 $682,594.09 $33,265.43 $266,216.27 $439,774.94 $1,253,570.88 $6,889,504.70 $336,279.80 $74,722.06 $24,273.72 PROPERTY TAXES - INTEREST & PENALTY 48,246.00 $104,706.77 $205,503.95 $261,036.95 $96,505.29 $41,144.60 $48,677.82 $167,200.00 $147,672.55 $91,752.44 $63,757.57 $57,254.52 $93,293.40 INVESTMENTINTEREST 285,826.89 $329,004.18 $365,340.03 $300,841.04 $212,672.80 $209,990.75 $245,289.77 $263,951.61 $237,763.31 $180,164.07 $114, 583.90 $211,225.97 $168,826.56 REAL ESTATE EXCISE TAX 20,023.56 $17,945.06 $11,463.53 $14,805.82 $15,277.84 $11,764.46 $11,394.86 $17,530.77 $11,828.82 $14,816.43 $18,036.56 $16,301.13 $26,205.76 ADMISSION TAX 419,560,98 $522,872.80 $113.57 $15,503.77 $4,451.02 $762,785.83 $173,292.84 $330,007.02 STATE OR FEDERAL PILT - $994,779.70 $19,458.14 305,947.75 Grant County Treasurer County Fund Cash Balance At -a -Glance 07/01/2026 - 07/31/2026 n,.14..4- C"Flinef Ralanr-0 Comments Fund No. 001 Fund Name CURRENT EXPENSE t5t!g1[irling DdLC1114c $31,894,725.43 VNG�CCS $3,774,580.08 ......,- $5,203,764.15 $30,465,541.36 101 COUNTY ROADS $12,524,747.78 $624,052.90 $1,955,189.66 $11,193,611.02 102 CARES ACT - ELECTIONS $0.00 $0.00 $0.00 $0.00 103 PATH & TRAILS $375,139.54 $1,132.28 $0.00 $9,627.34 $376,271.82 104 VETERAN ASSISTANCE EMPLOYEE TRAINING, GROWTH & RECOGNITION $620,969.61 $2,713.96 $614,056.23 105 $2,291,425.62 $6,916.18 $0.00 $2,298,341.80 106 HAVA 3 ELECTIONS SECURITY $8,048.79 $24.29 $0.00 $8,073.08 107 ESHARE FUND $196,822.32 $0.00 $0.00 $196,822.32 108 RENEW $19,620,495.74 $305,549.05 $2,055,858.11 $1,497,539.00 $20,178,814.85 109 INET FORFEITURE $12,685.94 $10,220.94 $308,014.05 110 LAW LIBRARY $67,138.83 $1,651.93 $1,111.32 $67,679.44 111 TREASURER'S O&M $177,430.28 $6,557.85 $1,152.78 $182,835.35 112 JAIL CONCESSION $566,775.12 $15,640.54 $9,207.14 $573,208.52 113 ECONOMIC ENHANCEMENT TOURIST ADVERTISING $5,196,086.46 $145,080.16 $75,938.25 $5,265,228.37 114 ($173,450.79) $332,552.00 $7,897.28 $151,203.93 115 RENEW COMPUTER REPLACEMENT PROGRAM $245,431.94 $740.78 $0.00 $246,172.72 116 COUNTY FAIR $592,956.22 $93,383.22 $254,881.48 $431,457.96 117 PROPOSITION 1 SALES TAX $11,522,749.91 $593,539.95 $0.00 $12,116,289.86 118 INVESTMENT FUND ASSESSMENTS $0.00 $0.00 $0.00 $0.00 119 REET PROPERTY ADMIN - ASSESSOR $745.27 $854,07 $0.00 $1,599.34 120 CRIME VICTIM COMP $590,272.76 $8,728.46 $15,468.38 $583,532.84 121 LAW & JUSTICE $413,540.24 $305,915.16 $141,376.29 $578,079.11 122 TURNKEY LIGHTING $1,355.28 $0.00 $87.76 $1,267.52 123 ERP RESERVE $2,772,022.79 $8,293.40 $44,183.84 $2,736,132.35 124 AUDITOR'S 0 & M $615,702.66 $50,434.90 $0.00 $666,137.56 125 DCL $2,242,845.31 $330,515.36 $210,915.91 $2,362,444.76 126 REET 1ST QUARTER $4,945,319.04 $77,153.38 $0.00 $5,022,472.42 127 TRIAL COURT IMPPROVEMENT $298,392.33 $0.00 $0.00 $298,392.33 128 NEW HOPE ($172,767.01) $543,166.38 $190,361.49 $180,037.88 129 AFFORDABLE HOUSING $29,122.98 $9,896.24 $9,436.80 $29,582.42 130 HOMELESS HOUSING $128,682.61 $49,457.18 $47,151.10 $130,988.69 131 HOMELESS HOUSING ADMIN $554,666.92 $6,593.49 $0.00 $561,260.41 132 REET 2ND QUARTER $1,878,979.31 $77,107.89 $31,087.83 $1,924,999.37 133 ECONOMIC ENHANCEMENT RURAL $6,727,147.27 $181,350.23 $52,500.00 $6,855,997.50 134 LODGING TAX $2,350,583.92 $151,889.55 $455,552.00 $2,046,921.47 135 EMERGENCY COMMUNICATIONS $8,327,387.73 $490,852.56 $376,616.35 $8,441,623.94 136 COLUMBIA BASIN DISPUTE RESOLUTION CENTER $2,019.62 $0.00 $2,019.62 $0.00 137 OPIOID SETTLEMENT $1,197,401.28 $102,060.37 $0.00 $1,299,461.65 138 BUILDING $1,418,462.16 $170,861.99 $131,962.28 $1,457,361.87 139 REET -PROP TAX ADMIN ASST $132,134.89 $854.08 $0.00 $132,988.97 140 i ISHERIFFSURPLUS ($16,492.36) $0.00 $0.00 ($16,492.36) I Fund's balance became negative in October 2025