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Barnstable County treasurer reports nearly $76 million in cash, outlines grants and stabilization funds
Summary
Treasurer and finance director Carol Coppola presented Q3 results showing just under $76 million in county cash, management of roughly 80 grants totaling over $55 million in the fiscal year and a $2.6 million undesignated general-fund balance as of June 30, 2024 after ordinance reservations.
Carol Coppola, Barnstable County treasurer and finance director, presented the fiscal year 2025 third-quarter financial results (period ending March 31, 2025) to the Assembly of Delegates on May 21, saying, “As of 03/31/2025, Barnstable County was managing just under $76,000,000 worth of cash.”
Coppola told delegates the county manages about 80 federal, state and local grants totaling more than $55,000,000 within the fiscal year and that cash balances have declined in part because ARPA funds are being expended. She said the county reconciled 21 bank accounts…
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