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County finance director reports healthy revenues; seeks $192,000 in FY25 midyear budget amendments
Summary
Finance staff reported second-quarter FY25 revenues and expenditures and proposed midyear budget amendments including $192,000 to the General Fund and several revenue-neutral transfers; commissioners asked questions about debt payments, kiosk fees and specific capital projects.
Oconee County’s finance staff told commissioners on Jan. 28 that FY25 revenues are tracking ahead of expectations in several categories and proposed a midyear budget amendment package that would increase General Fund appropriations by $192,000 and shift other funds and transfers for specific needs.
“Presenting the financial update for, second quarter fiscal year 20 25,” Melissa said, reviewing October–December results and noting key figures: General Fund revenues were 73% collected ($29,800,000 year to date); property-tax collections were at 95% of budget; charges for services were at 66%; and intergovernmental revenues were 94% collected due to state grant draws. Melissa said investment income exceeded budget at 147% and that insurance-premium tax receipts were about $100,000 below budget but $200,000 above the prior year.
On expenditures, staff reported General Fund spending of about $19.6 million (46.1% of the annual budget) and noted…
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