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Committee flags $952,000 estimated shortfall, proposes capital transfers to rural fire and seeks fleet payoff options
Summary
Finance staff reported an estimated $952,002 shortfall for the current fiscal year and projected a lower fund balance through 2026; committee proposed $250,000 capital disbursement to rural fire departments and asked staff and sheriff to quantify an Enterprise Fleet lease buyout to reduce recurring payments.
Finance staff told the Coffee County Budget & Finance Committee the county’s estimated fund balance will decline from roughly $11.0 million on June 30, 2024, to about $10.0 million by June 30, 2025, reflecting an estimated $952,002 shortfall. Staff reported a further projected fund balance of about $8.0 million by June 30, 2026 under baseline assumptions.
Committee members pressed staff on revenue assumptions, recurring grants and one-time receipts that might reduce the shortfall. Finance staff said…
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