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County fiscal office reports $56M spent in 2024, reserves near 93 days; 2025 budget higher by about $4.5M
Summary
Franklin County fiscal staff told commissioners that 2024 results are largely final and that the county ended the year with roughly $15.6 million in reserves (about 93 days of operating expenses). Staff said the 2025 general-fund budget is about $60.5 million, roughly $4.5 million higher than 2024.
Franklin County’s fiscal staff presented year-end 2024 results and a year-to-date review through February 2025 at the May 1 commissioners meeting, reporting reserves of about $15.6 million and several budget variances related to capital projects.
Fiscal staff said 2024 revenues totaled roughly $55.7 million and total expenditures were about $56.0 million of a $61.3 million budget, leaving a net use of reserves of approximately $330,000. That left…
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