Kings County no longer providing pennies. What are other counties doing? - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Economic News
Newswires RSS Get our newsletter
Order Prints
February 27, 2026 Newswires
Share
Share
Post
Email

Kings County no longer providing pennies. What are other counties doing?

María G. Ortiz-Briones, The Fresno BeeThe Fresno Bee

Kings County will no longer provide pennies effective March 1, county officials said.

The Kings County Tax Collector, Community Development Agency, Public Works and Kings County Probation are county departments that will no longer provide pennies while making change for cash transactions, according to Matthew Boyett, Kings County public information officer.

The news comes after the United States Mint officially stopped production of new one-cent coins on Nov. 12. 2025. The Federal Reserve is no longer distributing pennies to financial institutions making the supply of the one-cent coin a nationwide reality, with banks dealing only in pennies already in circulation.

Boyett said the county’s local bank is no longer supplying pennies to the county.

Current property tax bills will require an exact change for cash payment, according to Boyett. However, online, telephone, check, debit/credit card, and money order payments are still available and will not be affected by this change.

The county “will still accept pennies if a person uses them in a cash transaction. We just won’t be providing pennies while making change for cash transactions,” Boyett said.

Neighboring Fresno County is still using pennies for cash transactions, said Sonja Dosti, Fresno County communications director.

“At the state capitol, SB 1005 has been introduced to round to the nickel on the tax collection side,” Dosti said. “In the meantime, the plan is to continue using the penny to provide accurate change.”

The proposed legislation will allow California counties to round to the nearest nickel in the future.

California Senate Bill 1005 (SB 1005), introduced by Senator Anna Caballero on Feb. 9, for the 2025–2026 session, proposes allowing local agencies to round up cash payments or refunds to the nearest $0.05.

While Tulare County still uses pennies for cash transactions, the county is adjusting in anticipation of a penny shortage.

In a public memo to all county departments dated Dec. 8, 2025, Tulare County’s auditor-controller/treasurer-tax collector Cass Cook said his office had been notified by “banking partners that they are unable to fulfill our orders for pennies.”

Cook said because of the “extremely limited” supply , the county can no longer reliably obtain pennies for departmental cash needs, which could have an impact on county operations including departments that handle cash transactions that accept payment requiring coin change.

Some of the recommendations by the tax-collectors office includes incorporating rounding practices where appropriate and legally permissible; evaluating pricing adjustment to reduce reliance on pennies, increase use of electronic payments where possible to minimize the need for coin change, notify the public of any changes to cash-handling procedures, etc.

©2026 The Fresno Bee. Visit fresnobee.com. Distributed by Tribune Content Agency, LLC.

Older

Researchers from Pennsylvania State University (Penn State) College of Medicine and Milton S. Hershey Medical Center Detail Findings in Aortic Dissection [Health Insurance Payor Type as a Predictor of Clinical Presentation and Mortality in …]: Cardiovascular Diseases and Conditions – Aortic Dissection

Newer

Weighing mandate to insure fire-safe homes

Advisor News

  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • A cancer survivor hoped to work — then she lost her Medicaid disability coverage
  • How Iowa’s candidates for governor see the future of Medicaid
  • Shapiro Admin helps Pa. residents prepare for Medicaid changes
  • Trump finally puts Obamacare to good use
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
  • WARREN PROBES RISE OF PRIVATE INVESTMENT FIRMS IN INSURANCE SECTOR FOLLOWING MARK WALTER SCANDAL
  • AM Best Affirms Credit Ratings of Erie Insurance Group’s Members and Erie Family Life Insurance Company
  • MIB reports double-digit life insurance app activity in record August
  • 42% of consumers are confused and unconvinced by life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.