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County reports $53.1M available at fiscal year‑end; board approves $46.6M in one‑time allocations and new reserve funds
Summary
San Joaquin County administrators reported $53.1 million in available general‑fund balance for fiscal year 2024–25 and the Board approved one‑time allocations including a $35.5 million capital reserve, $10 million to general reserves, IST penalty fund, sheriff and telephony projects and other items.
San Joaquin County administrators on Sept. 23 presented the fiscal year 2024–25 year‑end report showing $53.1 million in available general‑fund savings after encumbrances. The Board of Supervisors approved a package of one‑time appropriations, fund transfers and two new funds to allocate those balances.
Deputy County Administrator Jennifer VanStein summarized the closing numbers: general fund departments ended the year with expenses roughly $171 million under budget and revenue $98 million under budget, producing net departmental savings of about $73 million. After $40.5 million in encumbrances…
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