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County posts June financial snapshot; general fund reserve $7.85 million
Summary
Brooke Treat, a finance staffer, told the Board of County Commissioners on a regularly scheduled meeting that the county’s June financial snapshot showed a general fund reserve of $7,849,613 and a general fund cash balance of $36,250,802.
Brooke Treat, a finance staffer, told the Board of County Commissioners on a regularly scheduled meeting that the county’s June financial snapshot showed a general fund reserve of $7,849,613 and a general fund cash balance of $36,250,802.
The report matters because the board must balance reserves, projected revenues and planned capital projects as the fiscal year closes. Treat said revenues for fiscal 2025 were down about 3.6% versus 2024 — roughly $1.3 million — driven by lower property tax and intergovernmental revenue collections.
“I am here to give you a snapshot of June financials,” Treat said…
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