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County finance director briefs commissioners on January cash flows, sales-tax dip and budget amendment
Summary
Finance Director Kathy Funk Baxter summarized January cash-flow patterns tied to accrual reversals, noted a $1.1 million drop in 2024 sales-tax collections versus 2023, and previewed a budget-amendment public hearing and several timing-driven adjustments.
Kathy Funk Baxter, Cowlitz County finance director, told the Board of Commissioners on Monday that January financial statements show typical timing effects: large internal-service charges and accrual reversals make January appear expense-heavy before property-tax and sales-tax receipts arrive in April and October.
Funk Baxter said the county recorded about $2 million in revenues and $10 million in expenses for the general fund through January, a pattern she said reflects standard timing for internal services and accruals rather than an operational shortfall. She explained that…
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