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Board adopts appropriation resolution; FY25 closes with $2.53 million cash surplus
Summary
Rockbridge County staff presented the FY2025 revenue and expenditure summary and asked the board to adopt a resolution authorizing payment of bills and additional appropriations totaling $116,643.11 in bills and $18,854 in appropriations. The board adopted the resolution unanimously.
Rockbridge County financial staff reported on Aug. 11 that fiscal-year 2025 revenue totaled $64,479,475, about $7,751 above the budgeted estimate, and that FY25 expenditures on a cash basis totaled $61,949,965, leaving a cash-basis surplus of $2,529,510.
Finance staff asked the Board of Supervisors to adopt a resolution…
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