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Commission approves FY2025 close-out transfers totaling about $20.08 million
Summary
The commission approved a package of transfers and appropriations to close FY2025 accounts, moving nearly $20.1 million among county funds and transferring opioid settlement proceeds to health services.
The Shelby County Commission on Aug. 25 approved a resolution (item 21) amending the FY2025 operating budget to transfer unassigned general fund balance into multiple funds and to appropriate those amounts to close shortfalls. The action was described by county finance as a close-out measure to ensure compliance with accounting standards and to resolve deficits in departmental funds.
Why it matters: The transfers move nearly $20.1 million from…
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