Albemarle-Charlottesville Regional Jail to develop into individual fiscal agent | Community Govt
The Albemarle-Charlottesville Regional Jail shortly will be its individual fiscal agent, possible paving the way for price personal savings in the in close proximity to upcoming.
The force for the jail to turn into its personal fiscal agent begun previous calendar year as Albemarle County began searching at the variety of companies for which it functions as the fiscal agent and the the price related with carrying out so.
According to Martin Kumer, superintendent of the jail, Albemarle officers previous year were being in the system of reviewing the income remaining expended by both of those the county and the Jail Board in purchase to decide if acquiring the county be the fiscal agent was in the ideal interest of taxpayers.
The changeover was based mostly on a couple variables, but primarily came down to the efficient and efficient use of taxpayer bucks.
“The Jail Board then also made the decision to review the arrangement and establish the most productive and successful way to shift forward for all people,” Kumer explained. “After a lengthy evaluation and a thorough dialogue with all stakeholders, it was resolved the finest use of assets was for the Jail Board to handle its individual funds functions.”
ACRJ is not the only entity for which Albemarle County serves as the fiscal agent, in accordance to Lori Allshouse, the county’s assistant CFO for plan and partnerships.
“The time period ‘fiscal agent’ refers to the provision of economic providers, which can contain payroll, procurement, accounting and economic reporting,” Allshouse said. “The fiscal impact of providing these solutions and the payment provided by these entities to the county differs by scale, complexity and the agreement with the entity.”