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Knox County presents $54M operating budget that incorporates disaster funds; court approves second reading
Summary
County staff presented the 2025–26 operating budget, which on paper totals roughly $54 million when federal and disaster funds are included; the fiscal court approved the second reading and was told further amendments are likely as grant-funded items are finalized.
County finance staff presented the 2025–26 operating budget during the June 16 meeting, describing significant federal and disaster-related appropriations that increase the budget figure on paper to roughly $54 million.
Treasurer/finance staff (Speaker 5) told the court that many of the large amounts are earmarked for specific projects (buyouts, mitigation, water and sewer projects tied to grant programs) and that the document will require subsequent amendments as incoming federal and state reimbursements are reconciled. "Most of that $50,000,000 budget ... is still earmarked," Speaker 4 observed; Speaker 5 noted the county's normal operating budget (excluding disaster-related flows) is in the range cited in prior years.
The court approved the 2025–26 operating budget second reading by voice vote. Staff warned that additional budget amendments will be necessary later in the fiscal year to reflect actual receipts and project expenditures.
Key numbers provided in the meeting included an on-paper budget near $54,000,000 (which staff characterized as including many earmarks and not all immediate cash), and recent FEMA receipts of $689,563.77 noted elsewhere in the meeting.
Next steps: finance staff will track incoming reimbursements, finalize accounting for large grant items, and bring further budget amendments to the court as required.
