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Atchison County reports temporary general-fund shortfall; commissioners debate reserve options
Summary
Finance director reported the general fund is temporarily negative pending tax distributions; commissioners discussed reserve balances, possible rollovers and limits on using year-end departmental funds.
Atchison County commissioners were told Jan. 21 that the county’s general fund is temporarily negative and will likely remain so until the county’s tax distribution on Jan. 31.
Finance Director Mark Selvner told the Board of County Commissioners that with payroll and accounts payable processed early in the year, “we will continue to be negative until that happens.” He said the accounts payable batch for the next payday included about $55,007.89 in expenses and a credit-card run of about $7,005.21. Selvner estimated the county-wide shortfall would deepen to “about $270,000” before the January distribution is posted.
The discussion matters because the commission is considering whether to move leftover 2024 budget amounts into a formal reserve and how to treat cash held in certificates of deposit. Selvner said the county ended 2024 with an…
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