Finance Committee

The Island County Treasurer, Auditor and chair of the Island County legislative authority, ex officio, comprise the Island County Finance Committee, as directed under RCW 36.48.070. The county treasurer acts as chair and the county auditor as secretary. 

The committee keeps a full and complete record of all proceedings in appropriate books of record, which are kept in the office of the Island County Auditor and are open to public inspection. 

The committee approves the county investment policy and debt policy and establishes rules for the deposit of funds in designated financial institutions and investment of funds where appropriate.

Meetings

The Island County Finance Committee meets at 11 AM on the fourth Tuesday of January, April, July and October in the Board of Island County Commissioners’ Meeting Room 101. Due to current health precautions, the meetings are available virtually, as well. This practice will continue until further notice. A notice of the annual meeting schedule is published each January in the Island County's newspaper of record.

Committee Members

Photo of Tony Lam, TreasurerTony Lam, Treasurer
Chair		Photo of Island County Auditor Sheilah CriderSheilah Crider, Auditor
Secretary		Bacon, MelanieMelanie Bacon, BICC member, 2025 BICC chair

Island County Investment Policy

The Island County Investment Policy was certified by the Washington Public Treasurers' Association in 2017 and re-certified in 2021.

Historical Five-Year U.S. Treasury Bond Yields

Graph showing the five year-year U.S. Treasury Bond Yields

Finance Committee Meeting Notes

  1. 2025.10.28 Finance Committee Mtg Report
  2. 2025.07.22 Finance Committee Mtg Report
  3. 2025.04.22 Finance Committee Mtg Report
  4. 2025.01.28 Finance Committee Mtg Report
  5. 2024.10.22 Finance Committee Mtg Report
  6. 2024.07.23 Finance Committee Mtg Report
  1. 2024.04.23 Finance Committee Mtg Report
  2. January 23, 2024, Finance Committee Mtg Report
  3. October 2023 Finance Committee (pdf)
  4. July 2023 Finance Committee (pdf)
  5. April 2023 Finance Committee (pdf)
  1. January 2023 Finance Committee (pdf)
  2. October 2022 Finance Committee (pdf)
  3. July 2022 Finance Committee (pdf)
  4. April 2022 Finance Committee (pdf)
  5. January 2022 Finance Committee (pdf)