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A two-year extension of the current contract for county depository was approved by the Dawson County Commissioners Court on Tuesday afternoon. Under the terms of that existing contract, County Treasurer Terri Stahl said, First United Bank offers the current interest rate for Treasury bills plus 25 percent. When checking with the bank about soliciting Requests for Proposals for a new county depository contract, Stahl said she was told that additional percentage for T-bills would go away. “Instead of getting plus 25 percent, we could lose up to 35 percent,” Stahl said. If the T-bill interest rate goes up every Monday, Stahl said, then the ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331