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CFO reports FY25 audit in progress, $3.5M radio down payment and tightened spending to preserve cash
Summary
Harris County's CFO told commissioners the FY25 audit is underway and outlined a short‑term cash plan that includes moving a $3.5 million radio‑system down payment into a restricted account while holding nonessential spending.
Elizabeth Barfield, Harris County chief financial officer, presented fiscal‑year 2025 financials and the county's near‑term cash plan on Oct. 21, noting the audit is still in progress and that numbers are subject to adjustment.
Barfield said roughly 92% of budgeted revenues were collected in FY25 and about 96% of budgeted expenses were incurred, but cautioned that the audit could change some entries (00:30:12). She identified several recent, unplanned expenses, including bridge repairs on…
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