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Amelia County finance director reports midyear outlook, FY24 audit completed; board approves directing certain revenues into CIP account
Summary
The county finance director presented a midyear revenue and expenditure forecast and reported the FY24 audit is complete with a modified clean opinion and recommendations for internal-control improvements. The board voted 4–1 to direct $125,000 from a solar agreement and ongoing landfill revenue into a dedicated CIP account.
The Amelia County finance director presented the county’s midyear financial review and an update on the FY24 audit and internal-control findings, and the board voted to direct specific revenues into the county’s capital projects (CIP) account.
Why it matters: The audit and midyear forecast shape the county’s FY26 budget work and CIP planning. The board’s vote to earmark solar and landfill revenue for CIP will affect how the county reports and reserves funds for capital projects.
Finance staff told the board the county completed the FY24 audit and received a modified clean opinion. "We can now say officially that we are done with FY24 audit," the finance director said, while noting the final report remained in draft form but that revisions increased the general fund surplus by roughly $55,000 in the most recent version. Auditors flagged significant internal-control deficiencies (a classification auditors call a significant deficiency rather than a material weakness), and finance staff and the county administrator described a corrective-action plan that includes stronger documentation, segregation of duties, staffing additions and policy/procedure development.
On financial results, staff reported approximately $5.2 million in CIP spending in FY24, about $3 million funded by current-year revenue sources such as landfill fees, and described a net draw on other funds. The finance director said midyear projections indicate year-end results should be on plan and the county can avoid a deficit if current trends continue; staff emphasized conservative revenue assumptions and ongoing monitoring.
On opioid abatement funds, staff described entitlement over a multi-year period (through 2039) and said the county expects roughly $225,415 in scheduled funds, with limited allowable uses focused on abatement and treatment. Staff are gathering project ideas and recommended the board consider self-sustaining options that benefit county residents without requiring a permanent county match.
On a motion from a supervisor, the board voted to deposit $125,000 from a recent solar-agreement payment and ongoing landfill revenues into a CIP account. The motion passed 4–1 (one supervisor opposed). Board members discussed process concerns about moving revenue directly into CIP but the majority approved isolating those funds for capital projects going forward.
Ending: Finance staff said they will continue to implement internal-control improvements and provide updated projections to the board as the FY26 budget and CIP processes proceed; the newly directed CIP deposits will be reflected in future financial reports.
