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Finance director reports first four months of FY25 show general fund down $2.1M, projecting $11.3M year‑end balance
Summary
The county finance director reported Feb. 20 that through the first four months of FY25 the general fund used about $2.1 million of fund balance and projects a year‑end balance near $11.3 million if current revenue and spending trends continue.
The county finance director provided the board with an update on revenues and expenditures for the first four months of fiscal year 2025 at the Feb. 20 meeting.
For the general fund, the director reported a beginning fund balance of $17.9 million. Revenues for the first four months were $5.7 million and expenditures totaled $7.9 million, producing a use of fund balance of about $2.1 million and a current…
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