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Wabasha County finance director reports strong first-quarter cash balances, flags possible state and federal budget impacts
Summary
County finance staff reported $11.39 million in certificates of deposit, $291,449 interest earned so far in 2025 and first-quarter revenue of $8.44 million; staff warned potential state and federal budget changes could reduce transportation funding and increase project costs such as wetland delineation.
Wabasha County finance staff presented the first-quarter 2025 financial summary to the Board of Commissioners, showing healthy investment balances and revenue but flagging possible budget pressures from state and federal proposals that could affect transportation funding.
Finance presenter Gwen reported that the county currently holds $11,386,000 in certificates of deposit across various accounts and that total interest earned in 2025 so far is $291,449. Gwen…
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