With more than half the year in the books, Archuleta County’s finances continue to improve, especially in terms of the county’s cash.
The news came in the form of a semiannual report by Treasurer Betty Diller that was presented to the Archuleta County Board of County Commissioners on July 21.
According to the report, the county’s adjusted cash balance through the first half of 2015 was more than $2.8 million higher than the same period in 2014 — $21,210,885 in 2015 versus $18,350,713.33 in 2014.
Of that adjusted cash balance, a little over $14 million is in an operating account, with the rest of the balance split between a variety of types of accounts and funds, such as different functions of the county and investment accounts.
The accounts for the purposes of Diller’s management of county funds are different than the county’s funds listed in its budget.
Through the end of June, the county’s investments had yielded investment revenue of more than $33,000. Those investments include federal agency bonds, certificates of deposit, interest-bearing accounts and local government investment pools.
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