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Sarpy County reports $155 million in revenues through Q3; inheritance-tax surge and cash reserves discussed
Summary
Chief Financial Officer Dan Telekis presented the county's Quarter 3 fiscal-year-2025 dashboard: $155 million in revenues (89% of budget), $127.5 million cash on hand, inheritance-tax receipts well above budget, and personnel spending at about 72% of the general fund budget.
Sarpy County’s chief financial officer, Dan Telekis, told commissioners on April 29 that the county recorded $155,000,000 in revenues through March 31, representing about 89% of the current fiscal-year budget, and reported a total county cash balance of approximately $127,500,000.
"Revenues for the current fiscal year [are] at $155,000,000, which is 89% of the current year budget," Telekis said, summarizing the county’s quarterly financial dashboard and noting that local revenues were at about 99% of budget and federal revenue was running about 107% of budget largely because of a U.S. Marshals contract.
Telekis detailed…
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