Knox County Trustee Denied Bonding

Felonies and criminal charges from past Knox County trustees are preventing interim trustee Kristin Phillips from obtaining the bonding she needs to fully operate, Knoxnews reports. The Hartford, the bonding company for the Knox County Trustee’s Office, notified the county that it wouldn’t bond Kristin Phillips, the county’s acting trustee, until the county provided more information on the position. The lack of the $18.5 million bond for the seat keeps the trustee from investing the county’s tax money and similar jobs. The bond, required for the officeholder, is intended to protect the public from failure to perform duty or malfeasance.