BOCC November 18, 2010

All Commissioners present

Representatives from Piper Jaffray were present and explained the new bond issues and refinancing of previous bond issues. Although the interest rates are not at the historic low of mid October, they stressed that the County would save a substantial amount of money by re-issuing the older bonds. This savings includes all costs involved with the re-issue. They also stressed that interest, while not as low as in October, is still very low.
The panel of attorneys who represent Child in Need of Care, Indigent Defense, etc presented their requests for the new contract which would cover the next 3 years. Because of the increased complexity, increased costs and broadening of scope of these cases they are asking for increased compensation. Currently the compensation is $4000/month for each of the 5 attorneys and $4300/month for the administrative atty. with a total cost $291,600/year. With the proposed 2.9% increase the total cost for 2011 would be $300,056. The increased proposed for 2012 is 3.9% for a total of $311,759 and for 2013 an increase of 4.9% totaling $327,035. The BOCC will look at these proposals and report in mid December.
Andrea Feldkamp announced that Riley, Pottawatomie and Geary Counties will partner for the third collaborative Officer Training Session at Pottorf Hall on Monday Nov. 29. Officers will learn about the different parts of a meeting. Each officer will have a session specific to their office. Officer training helps reinforce the skills of responsibilityl, communication and working with others.
Eileen King reported on investments and YTD interest. The rate on active checking accounts is 0.15% and on one year investments 1.20% She said that sales tax revenue so far is 28% above the budgeted estimate.
Remember that the Riley County Budget can be found at the Riley County website:
http://www.rileycountyks.gov/documents/Budget%20and%20Finance/DOC018.PDF
Julie Merklin observer