FUND: GENERAL |
GOVERNMENTAL SERVICES |
Pursuant to State Statutes, the County Treasurer receives all monies from all sources belonging to the County and all other monies directed by statute or ordinance to be paid to the County. The Treasurer dispenses all monies on order of the Finance Committee, transfers all taxes, fees, and revenues from other entities to the State Treasurer, collects and enforces the collection of property taxes, maintains and sells in-rem properties, collects and dispenses unclaimed funds from the County and municipalities within the County, provides for daily cash requirements of Racine County, and invests County funds not immediately needed.
One of this department's goals was to reduce the County's inventory of in-rem
properties. We met this goal by selling and/or transferring 50 properties
acquired by the in-rem tax foreclosure process.
It is a consistent goal of our office to get the best return of county funds.
This year, we invested $18 million dollars in T-Bills with an Average Rate of
Return of 6.16%. We have also continued to work on a package for investments.
Another goal was to make Direct deposit of payroll available to all county
employees. This has been achieved, and increasing numbers of employees are
taking advantage of this cost-saving benefit.
Although not stated as goals for 2001, we are proud of two other successes. We
worked to get all county municipalities on the J. Mauel tax collection system.
We have been successful for all municipalities, except the City of Racine. We
are also working to get more public notices on the internet. This year we posted
unclaimed funds and sale lists of in-rem properties on the County's website.
