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Washington County Fair Board approves FY2024–25 financial report, projects roughly $407,000 year‑end surplus
Summary
The Washington County Fair Board voted to approve the financial statements covering the 2024 fair and fiscal year to May 2025; staff presented a projection of about $407,000 positive at year end and said transient lodging tax (TLT) will likely fall short of a $707,000 county finance projection.
The Washington County Fair Board voted to approve the board’s financial statements for the 2024 fair and the fiscal year through May 2025 during its July 2 meeting.
Board members were presented with the final financials for the 2024 fair (reported through May 2025) and a staff projection for June that, when finalized, is expected to leave the fair operation about $407,000 positive for the fiscal year. County finance had earlier projected $707,000 in transient lodging tax (TLT) receipts; staff said the fair’s TLT receipts are likely to fall short of that projection but could bring in an additional $40,000–$50,000 for June.
The presenter told the board the 2024 fair produced higher revenues and lower expenditures compared with prior years, noting strong carnival and food receipts and unusually favorable weather last year as contributing factors. Staff said some cost categories were added in 2024 to better track spending (including safety and commercial vendors) and that professional services spending was lower than anticipated. The presenter described ongoing efforts to limit nonessential purchases for the coming fair because transient lodging tax projections are “a little bit flat.”
After discussion, a motion to approve the financials was made and seconded; the chair called for the vote and members responded “Aye,” with no opposition recorded on the transcript. The board approved the financials.
Board members and staff praised last year’s fiscal performance, with staff noting the board was about $175,000 under budget for the prior year and that revenues were roughly $131,000 higher than expected. No new budget appropriations or amendments were recorded in the meeting minutes.
The presenter offered to provide finalized June numbers at the board’s September meeting when county finance completes fiscal‑year close.
Ending: The board approved the financial statements and directed staff to bring finalized June figures to the September meeting; no additional formal directions or budget votes were taken at the July 2 meeting.
