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County finance director reports midyear surplus; nursing home and revenue lines strong
Summary
Finance director Laurie Sharp reported a projected revenue surplus driven by interest and the nursing-home private-pay census; the county projects a material increase to the fund balance but noted some departmental expense risks and an ongoing audit process.
Laurie Sharp, the county’s finance director, told commissioners the county is projecting a material revenue surplus through midyear driven by stronger-than-expected interest earnings and nursing-home private-pay census levels.
“We are 56% through 2025 already… Interest earned exceeds the budget of $100,000 by $58,001,” Sharp said, summarizing monthly and year-to-date receipts. She reported a projected $820,450 revenue surplus that, when paired with an expense surplus,…
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