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Cherokee County CFO flags slowing SPLOST growth, urges conservative 2026 budgeting
Summary
County CFO presented second-quarter financials on April 15, showing ARPA drawdown, flat revenue outside property taxes, strong pension funding and early signs of slowing SPLOST receipts; staff recommended conservative budgeting and potential use of fund balance if the digest growth is lower than projected.
Cherokee County Chief Financial Officer Marcus reported a largely healthy cash position at an April 15 work session, but warned commissioners that several revenue indicators are flattening and urged caution in the FY2026 budget process.
Marcus said countywide operating cash decreased in the quarter in part because of ARPA spending, adding that "ARPA accounting for $11,600,000 of that decrease." He said the county still had a robust overall cash position of about $188,400,000 and that the general fund cash had increased, principally due to property tax collections.
The presentation highlighted several points commissioners said they found material: SPLOST receipts are $2,800,000 above the budgeted base…
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