Board questions treasurer’s report after apparent PMA investment figure error
March 08, 2025 | Adams County, Wisconsin
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Supervisors pressed the treasurer about a discrepancy in the monthly treasurer’s report that appeared to understate PMA investment holdings.
During the finance discussion a supervisor noted that the report listed PMA at $1,000,000 while January’s report had shown $10,000,000. The treasurer said she compiled the report after a multi‑day training absence, that she had downloaded a PMA investments document, and that she would work with Finance Director Kyle to update and correct the figure if there was an error.
The treasurer said she had limited access to PMA/Prevail reporting systems until the fourth of the month and requested training on pulling the investment documents. County staff agreed to correct the date label on the report (from November to February) and to follow up with a corrected report.
No formal action was taken; the item remained a staff follow‑up to verify and amend the published figures.
During the finance discussion a supervisor noted that the report listed PMA at $1,000,000 while January’s report had shown $10,000,000. The treasurer said she compiled the report after a multi‑day training absence, that she had downloaded a PMA investments document, and that she would work with Finance Director Kyle to update and correct the figure if there was an error.
The treasurer said she had limited access to PMA/Prevail reporting systems until the fourth of the month and requested training on pulling the investment documents. County staff agreed to correct the date label on the report (from November to February) and to follow up with a corrected report.
No formal action was taken; the item remained a staff follow‑up to verify and amend the published figures.
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