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Finance director reports general fund at 71% revenue collection, warns June bond payments due
Summary
Bladen County Finance Director Lisa Coleman reported the county had collected 71.2% of expected general fund revenues and spent 68.45% through April 30; she highlighted bond payments due June 1 and noted cash flow differences across funds.
Lisa Coleman, Bladen County finance director, told the Board of Commissioners that through April 30 the county had collected 71.2% of its general fund budget in revenue and spent 68.45% of the budget.
Coleman reported fund-level details: the solid waste fund had collected $87.18 and spent $72.6 (amounts given in transcript without units); the emergency telephone fund had collected $16.4 and spent $40.08, and the water fund had collected 80% and spent 51%. Coleman cautioned that large bond payments were due June 1 and that those payments would affect cash flow.
Coleman also reported on the federal inmate program, saying the county’s average was 64 and that the jail had 46 federal inmates as of that morning.
Commissioners asked clarifying questions during the report; transcript excerpts do not include further fiscal action taken at that time.
Why it matters: revenue and expenditure rates and upcoming bond payments affect budgeting and potential service decisions later in the fiscal year.
