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County finance director: Liberty County 2024 November report shows fund-balance improvement, solid-waste operating loss persists

2128479 · January 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Liberty County finance staff presented November 2024 financial statements showing the general fund with 2.3 months of operating expenditures in fund balance and a net operating loss in the solid-waste fund; staff attributed some departmental over-runs to hurricane-related overtime and timing issues.

Miss Samantha presented Liberty County—s financial statements for the period ending Nov. 30, 2024, reporting that the general fund had collected roughly 20% of budgeted revenues and spent about 37% of budgeted expenditures at five months into the fiscal year. "We currently have 2.3 months of operating expenditures in our fund balance," she said, up from 1.3 months the prior November.

Samantha told commissioners some departmental…

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