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Rutherford County documents roughly $32 million revenue gain, approves year-end budget cleanup
Summary
County finance staff told commissioners they are recognizing about $32 million in additional revenue and proposing year-end adjustments that would add roughly $26 million to unassigned fund balance; the commission voted to approve consolidated cleanup amendments.
Rutherford County commissioners voted to approve a package of year-end budget amendments that recognize roughly $32,000,000 in additional revenue and, after expenditure adjustments, would add about $26,000,000 to the county's unassigned fund balance.
Michael, the county finance director, told the commission the packet of amendments covers routine end-of-year cleanups, revenue revisions and refunding entries. "On the county general fund, the net increase, roughly to unassigned fund balance, ... is gonna be about $26,000,000," he said. He also said total additional revenue is "right at 32,000,000 increase," but that some of those dollars are restricted.
The package consolidated multiple…
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