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Finance committee approves $47,234 reconciliation to clear long‑running liability balances
Summary
The County Finance Committee voted to close $47,234.21 from long‑running liability accounts to the county fund balance and to allow posting of entries as of June 30, 2025, to produce clearer year‑end books for the auditor.
The County Finance Committee on Aug. 4 authorized staff to close $47,234.21 from county liability accounts to the county fund balance and to post year‑end entries as of June 30, 2025, to reconcile longstanding balances that have triggered audit findings.
The mayor explained that auditors had flagged liability accounts for material balances in two consecutive years and that finance staff, led by Susan, had been working for months to reconcile the accounts. Committee members approved a motion by…
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