Finance director reports first four months of FY25 show general fund down $2.1M, projecting $11.3M year‑end balance

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 fund balance of $15.7 million as of January. If revenue and expenditures continue at the same rate, the director said the general fund balance could be about $11.3 million at the end of FY25.

The Fire Rescue fund began the year with a fund balance of $835,000. Through the first four months, including budgeted transfers from the general fund, revenues were $2.6 million and expenditures $2.4 million, producing an increase of about $224,000 and a fund balance just over $1 million. The director projected a year‑end balance of about $1.5 million for Fire Rescue if current trends continue.

The Road Department fund began FY25 with just over $1 million. Revenues for the first four months were $642,000 and expenditures $805,000, producing a drawdown of about $162,000 and a current fund balance of about $860,000. The director projected a year‑end balance just over $500,000 for the road fund under present trends.

Why this matters: the figures frame near‑term county fiscal capacity and provide context for budget workshops and program decisions. Commissioners had no substantive questions at the conclusion of the presentation.

Ending: The numbers will be used in ongoing budget monitoring and in discussions at future budget workshops.