Wednesday, December 7, 2022 - Sequoyah County Commissioners discussed the county’s financial state during their regular scheduled meeting Monday morning at the courthouse.
Commissioners approved and authorized the county treasurer to invest $3 million in additional cash not immediately needed for expenditures due to high interest rates.
"Interest rates are continuing to go up, resulting in our interest doubling each month. So, if we invest our county funds, they will continue to grow," County Treasurer Angela Gist said,
County Commissioner for District #3, Jim Rogers, stated, "I think it’s smart for the county to move forward in this direction."
Rogers commended county employees for the outstanding work they have been doing. "They are watching their budgets, their spending, and bringing as much money back to the county as they can, and I applaud them for their efforts," Rogers said. "I want you all to know that right now, Sequoyah County is rocking and rolling financially."
During consideration of resolutions, bids, and contracts, there was approval of an asphalt contract by and between Sequoyah County District No. 3 and McKenzie Asphalt, LLC.
There was also approval of an asphalt contract by and between Sequoyah County District No. 3 and Robinson Construction.
In new business, the Sequoyah County Commissioners' meeting dates for calendar year 2023 were discussed and approved.
Lindsie Dyer, Staff Writer
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