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Holmes County approves final FY24–25 budget amendment to close the books
Summary
The board approved a final amendment to the 2024–25 fiscal year budget to reallocate funds, cover overdrawn line items and recognize grant revenue as the county prepares to close the books for the year.
Holmes County voted to approve a final budget amendment for fiscal year 2024–25 that county finance staff said moves money among accounts to cover overdrawn line items and to recognize grant revenue previously approved by the board.
Speaker 5, the county finance presenter, told the board: "We are closing the books later on this week, and this is just moving the money around as approved by the board, covering some overdrawn line items, and bringing on grant revenue." The board moved, seconded and approved the amendment by voice vote.
No roll-call tally or detailed line-item totals were given in the meeting discussion; staff indicated this is an administrative step to reconcile accounts before year-end close.
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