County finance update: commissioners hear projected surplus and fund balance figures

Belknap County financial staff presented year‑to‑date revenue and expense projections showing department surpluses in several areas and an overall projection that the county will finish the year with an improved fund balance.

The finance presenter reported several department highlights: deeds were projecting a $101,000 surplus; county administration and finance projections showed modest surpluses; the sheriff's office projected surpluses tied to fees and outside details; and the nursing home was projecting higher revenues than budgeted. Combined projections produced a general fund and nursing home revenue surplus and an expense surplus that, when taken together, led the presenter to summarize the net effect as an increased projected fund balance. The presenter stated a projected fund balance at the end of 2025 of "$4,182,790" and a current cash position of "$5,049,342." The presenter also noted that projections are unaudited and subject to change based on expenses and revenues.

Commissioners asked clarifying questions about specific lines, collection rates for accounts receivable, and the drivers of corrections' deficits and expected surpluses. The finance presenter said some fluctuations were timing issues and that September collections were lower due to billing timing but expected to improve in October.

Next steps: finance staff will continue to monitor revenues and expenses and provide updated projections as the budget process advances.