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Commission records FY2526 budget approval and reviews July revenue; oil and gas distributions exceed budgeted volumes
Summary
Per state statute, county staff recorded approval of the final FY2526 budget for the meeting minutes. Finance staff reported July gross-receipts and oil-and-gas distributions above last year and above the fiscal-year budget assumptions.
County staff noted that, per the state statute, the Board of Commissioners must record approval of the final FY2526 county budget in the meeting minutes; the item was presented as informational.
A finance presenter reviewed the July revenue report. For gross receipts the county collected approximately $6,400,000 for July, putting collections about 8% above this time last year. For oil and gas distributions, the county collected approximately $6,700,000 for…
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