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Alpena County adopts 2025 budget; treasurer says fund balance remains below policy target

2171913 · January 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Alpena County Board of Commissioners unanimously adopted the 2025 budget and a suite of related budget resolutions. Treasurer’s reports showed a year-to-date fund balance strengthened by an ARPA transfer but projected unrestricted fund balance remains below the board’s 30% target for general operating reserves.

The Alpena County Board of Commissioners voted to adopt the county’s 2025 budget and approved multiple related budget resolutions covering component funds, the general fund, special reserve funds, debt service funds, capital projects, enterprise funds and internal funds.

Commissioners also received and filed the treasurer’s monthly reports and approved the treasurer’s reserve recommendations for 2024, which recommended no transfers from the projected unrestricted general fund balance because the balance remains below the 30% minimum set in the county’s fund-balance policy.

Treasurer Ludlow presented figures showing the…

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