Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Belknap County finance director reports $811,688 revenue uptick; expenses show mixed results
Summary
Finance director Lori Sharp told commissioners the county is projecting about $811,688 more in revenue largely because of a higher ProShare payment; some departments show surpluses while dietary and rehab services project deficits and a sewage grinder claim is pending with insurer PrimeX.
Lori Sharp, Belknap County finance director, told the board that county revenues are projecting an $811,688 surplus driven largely by a higher-than-budgeted ProShare payment.
"We have a little bit of good news," Sharp said as she reviewed revenue and expense lines. She said the county learned last Thursday that the ProShare payment will be $2,849,002.60, about $349,002.60 more than budgeted, and that overall she is projecting an $811,688 revenue surplus.
Why it matters: Sharp said those revenue gains, paired with an expected $114,623 expense surplus, would add roughly $926,003.11 to the county's fund…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
