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Sarpy County CFO reports steady revenues, healthy reserves; board probes debt capacity
Summary
Sarpy County Chief Financial Officer Dan Tlaikas presented the Q2 FY2025 financial dashboard showing year-to-date revenue of $88.7 million (51% of budget), total cash of $94.8 million, and a self‑insurance fund running positive. Commissioners questioned implications for debt and bond rating as outstanding principal totals about $162.9 million.
Dan Tlaikas, Sarpy County chief financial officer, told the Board of Commissioners on Feb. 11 that the county had collected $88.7 million in revenue as of Dec. 31, 2024 — about 51% of the fiscal-year budget — while spending $103.7 million, or 37% of the expense budget.
Tlaikas said local revenues are running slightly above 50% because they were budgeted conservatively and that collecting 35% of property tax revenue by Dec. 31 is normal. He reported the county’s general fund cash at $20.3 million, which includes a $19 million reserve, and total county cash of $94.8 million as of Dec. 31.
The CFO also reviewed a new section of the dashboard for the county’s self-insurance health fund. "For the first…
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