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County finance officer reports cash balances, deficits and outstanding debt of about $9 million
Summary
The county finance presentation on Feb. 24 summarized cash balances across funds, year-to-date revenue and expenditure figures showing deficits in the general fund and road and bridge fund, and listed total county debt of about $9,019,519.
Starr County's finance official provided a multi-page budget and cash report at the commissioners court meeting on Feb. 24 showing cash balances, year-to-date revenues and expenditures and total outstanding debt of $9,019,519 as of Jan. 31.
The presenter reported an available cash balance for the general fund of $1,642,973; road and bridge fund cash of $435,688; and payroll-clearing of $414,183. The…
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