Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
Commissioners review 2024 financials and adopt schedule for 2025 budget amendments
Summary
County finance staff presented closed 2024 financial results showing revenue slightly above budget and expenditures below budget; commissioners discussed reserves, opioid settlement funds, and agreed to add a Dec. 16 special meeting to accommodate the 2025 second budget amendment cycle.
County finance staff presented the county's closed 2024 financial results and proposed a 2025 budget-amendment calendar during the Jan. 14 meeting.
Key points from the finance briefing: - General fund revenues through Dec. 2024 totaled approximately $48.25 million (about 106% of budget). Interest income and other receipts performed above the July 2024 projections. County staff said transfers (including limited use of ARPA funds for certain payroll charges) affected year-end totals. - General fund expenditures were approximately $48.92 million (about 90% of budget), with many departments underspending due to vacant positions and delayed capital/project timing. - Special funds and capital accounts showed strong cash positions overall; the public-health and mental-health funds in particular showed increased balances. Staff noted the county also holds roughly $1 million in opioid-settlement money in a restricted fund that must be spent on opioid-related work and that city settlement funds had been forwarded to the county for application to opioid-related efforts.
On the administrative calendar, staff proposed one regular public hearing date for the 2025 mid-year budget amendment (June 24) and recommended adding a Dec. 16 special meeting to allow departments extra time to submit requests and to permit the board to adopt the second annual budget amendment after required advertising. Commissioners agreed to schedule the additional December meeting so departments have more time than an earlier October cutoff would allow.
Commissioners and staff discussed operating reserve levels, road-fund balances and special funds. Finance staff noted the equipment and motor-pool funds reflect vehicle deliveries pending invoicing and that pending capital needs could require amendments later in 2025. No appropriation decisions were made at the Jan. 14 session; staff will bring formal amendment requests to the board at the designated hearings and meetings.
