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Cheshire County commissioners warn reliance on ProShare, ARPA and fund balance could squeeze 2026 budget
Summary
Commissioners discussed risks from leaning on one-time ProShare and ARPA funds to offset taxes, noting higher use of fund balance and uncertainty in state reimbursements that could affect credit ratings and 2026 tax rates.
Cheshire County commissioners spent a large portion of their Feb. 19 meeting focused on fiscal risks tied to reliance on one-time funding sources and the county’s fund balance.
Commissioner (Speaker 1) and county staff (Speaker 5) said the county has used ProShare and ARPA funds to smooth taxes in recent years, but warned that the practice leaves the county exposed if those revenues decline. "We have now essentially, in an indirect way, increased our use of fund balance to almost $6,000,000 in this budget," Speaker 5 said, adding that a larger drawdown of…
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