County posts June financial snapshot; general fund reserve $7.85 million

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 as she reviewed the general fund and related analyses. In her presentation Treat also reported that the employee benefits cash balance as of June 30 was $1,219,307 and that employee benefits cash increased about 5.2% year over year, driven by cash transfers and appropriations made during the fiscal year. She told the board there was a corresponding capital-projects item on the agenda to identify a correction approved Oct. 24 for assessor-space reorganization.

Mister Wilkerson, who presented the health-insurance update for the county, summarized early claims data and short-term trends. “Medical is down 6% compared to last year at this time. Prescription is are down 5%,” he said, adding that the comparison covered a short arrear of new fiscal-year claims data (about three weeks). Wilkerson framed the decline as preliminary: the county had only a few weeks of new claims to compare with the prior year.

Treat directed the board’s attention to the fiscal-year comparison tables, noting where revenue categories have shifted and where the “increase/decrease” column identifies changes in property tax and intergovernmental revenues. She also flagged that a capital-projects unallocated balance for the remainder of fiscal 2025 was listed in the materials and said a later agenda item would address that assessor-space correction.

Board members asked no follow-up questions during the presentation. Several routine interfund transfers and budget adjustments later on the agenda were approved without recorded opposition.

County staff said additional budget actions and the September supplemental process will further define ongoing versus one-time allocations for programs under review. The board will take up more detailed budget recommendations and any necessary adjustments during the fall supplement process.