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Scott County reports $8.2 million positive fund balance for 2024; 2025 outlook uncertain amid state budget pressures
Summary
County finance staff told the Board the county closed 2024 $8.2 million favorable and holds an unassigned/assigned fund balance at about 37% of operating expenses; staff warned of state and federal budget uncertainty that could affect 2025 and outlined vacancy- and capital-review measures.
County finance staff reported on May 6 that Scott County ended fiscal year 2024 with an $8.2 million favorable variance, driven largely by higher investment income and vacancy savings, and said the county is monitoring state and federal budget uncertainty that could affect 2025 operations.
“ We ended the financial year to a positive $8,200,000,” a county finance presenter identified in the record as Mr. Jones told commissioners. He attributed much of the gain to higher investment earnings, use of ARPA-funded positions that were not fully filled in 2024 (creating vacancy savings), and favorable results in planning and resource management tied to…
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