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Fiscal court adopts FY2024–25 budget and authorizes $6 million CD using ARPA funds
Summary
The court completed second reading and approval of the FY2024–25 budget and authorized the treasurer to place $6,000,000 in a three‑month certificate of deposit (ARPA funds) to improve investment earnings; magistrates discussed conservative revenue assumptions and planned mid‑year amendments.
The Franklin County Fiscal Court completed the second reading and approved the fiscal year 2024–25 budget and authorized treasury actions intended to improve short‑term investment returns.
Treasurer Amy presented the budget’s second reading and told the court she had submitted the changes to the Department for Local Government; she said the jail revenue estimate…
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