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Spalding County reports steady FY2025 revenues, cautions that encumbrances limit discretionary funds
Summary
Deputy County Manager/CFO Erica Tye presented June 30 fiscal year 2025 financials showing $70.7 million in revenues year-to-date, increases in expenditures and committed encumbrances for projects such as Heritage Park and renovations.
Erica Tye, the county’s chief financial officer and deputy county manager, presented Spalding County’s fiscal year 2025 financial results at the July 21 meeting of the Spalding County Board of Commissioners, reporting $70.7 million in revenues and describing a healthy operating position but notable encumbrances that limit discretionary spending.
Why it matters: The report shows the county collected property tax revenues and other receipts that produced strong year-end bank balances, but staff…
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