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County finance director: Liberty County 2024 November report shows fund-balance improvement, solid-waste operating loss persists
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 variances are timing-related (for example, election costs booked early), while other overages were driven by hurricane response overtime and related personnel costs in departments such as administration, tax assessor and emergency management. She said the timing of large property tax deposits due in January typically improves the fund balance.
On solid waste, Samantha reported the department was showing a net operating loss of $346,000 for the year, with revenues at about 27% of budget and expenditures around 34.5%. She said some assessments and revenues are just beginning to be collected and expected to reduce the loss.
The finance presentation also summarized sales-tax proceeds and special-revenue funds: one special-revenue (E-911) showed an overrun for November due to contract timing with Motorola; other special funds were within budget. Commissioners asked for additional trend detail (for example, what portion of E-911 collections come from mobile phone vs. landline sources) and were told staff will follow up by e-mail.
Ending: The finance director said auditors will visit at the mid-February meeting and that FEMA reimbursements for hurricane overtime are expected but may be delayed; commissioners acknowledged the fund balance's role in covering immediate costs until reimbursements arrive.
