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Meeting Date: 07/26/2021  
Discussion and possible action to authorize the County Treasurer to open a new bank account
Submitted for: Jeronimo Martinez Submitted By: Jeronimo Martinez
Department: Treasurer  

Subject:
Discussion and possible action to authorize the County Treasurer to open a new bank account with Falcon Bank for funds received from the American Rescue Plan Act of 2021.

Issue: Webb County received money from the American Rescue Plan Act of 2021 and the Auditor is recommending that we open a separate bank account.
 
Solution: Create a new bank account and deposit those funds accordingly.
 
Result: Funds from the American Rescue Plan Act of 2021 will be managed out of this new account.
Background:
n/a
Previous Court Action:

Fiscal Impact
Budget Account Number: n/a
Funding Source: n/a
Balance: n/a
Financial Impact:
n/a

    

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