Finance Committee reviews general fund through May, ARP payments and FY26 budget placeholders
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Summary
County finance staff reported general fund revenues and expenditures through May, ARP payments toward a county expansion project, and FY26 budget placeholders including a 3% nonunion increase and a vacant purchasing-manager placeholder; the Health Department reported year-to-date subsidy use.
Grundy County finance staff told the Finance Committee that general fund revenues through May totaled just under $7.3 million and expenditures were roughly $9.92 million, placing the county near expected pace through the fiscal year.
Matt reported that state tax revenue distributions rose after tax season and are now at about 53% of projected budgeted receipts; interest income through May is around 43% and departmental revenues are in line with expectations. Expenditures through May were reported at about $9,920,000 (46% of the annual budget). The county paid an ETSB contribution of $662,000 in May, which is one of the larger single general fund disbursements.
Why it matters: Finance staff said overall revenues and expenditures are tracking close to last year’s percent of total and that no major surprises were expected. The committee also received several related reports that affect capital planning and near-term spending.
ARP and county expansion: Matt said two ARP payments totalling $856,000 have been made toward the county expansion project, including architectural and design costs and payments related to on-site building framework. A formal groundbreaking ceremony was announced for 5 p.m. the following day.
FY26 budget and staffing placeholders: For FY26, staff proposed a 3% placeholder for nonunion salary increases consistent across department heads. Finance included a partial-year placeholder for a vacant purchasing-manager position; the staff position could be retooled as a hybrid purchasing/finance assistant depending on workload, but no final hiring decision was made. County administration and board budgets saw only salary-line increases per the directive for a 3% nonunion adjustment.
Professional services and judicial costs: Matt noted minimal activity in professional services overall but highlighted that court-appointed experts and interpreter services in judicial lines are running over pace this year; judges’ needs vary year to year and the committee was advised this can cause spikes in those lines.
Health Department subsidy: The meeting included health department figures in the agenda packet and later the health director reported for May that the department used $59,318 of the subsidy in May, bringing year-to-date subsidy use to $117,643. (Earlier in the meeting staff had presented a year-to-date figure of $117,000 versus a budgeted subsidy of $351,000.) The director said the department has used about 34% of its allowed subsidy to date. The committee had no questions and acknowledged the updates.
Next steps: Staff will continue budget presentations through the remaining departmental rounds and incorporate the committee's direction into the FY26 proposals. Several line items and the purchasing placeholder will be revisited as workload and negotiations evolve.
