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Geary County finance director reports stable year-end funds, small ARPA balance and $13,000 state sales-tax adjustment
Summary
Finance director Penny Robinson told the Geary County Commission that the county is largely on track financially through November, with $3.7 million unencumbered cash, roughly $1.9 million available for projects after reserves, $9,303.87 of ARPA funds allocated but unspent, and a required $13,000 journal entry to correct a state distribution error.
Penny Robinson, Geary County finance director, told the commission the county is 91.67% through the fiscal year and largely on track.
“Our ending unencumbered cash is 3,700,000.0,” Robinson said, and she reported $798,000 in approved but unspent projects, leaving about $2,900,000 available and, after reserve funds, just under $1,900,000 available for projects. She said the county had spent about 42.78% of its budget to date and collected routine revenue streams, including insurance recoveries and auction proceeds.
Robinson reviewed the county building cash flow and noted $61,006.62 in insurance proceeds related to roof repairs. On ARPA funds she said the county had $9,303.87 that was allocated but not yet spent; annual ARPA reporting is due in April.
On sales taxes, Robinson said collections running through November reflect September sales. She said county sales tax is down about $56,000 from last year while the hospital-dedicated sales tax is slightly ahead. Robinson said a vendor-level adjustment at the state prompted a required journal entry of just over $13,000 to make the county whole and that she will attach state documentation to the audit file.
No budget amendments were proposed at the meeting and Robinson said departments with large expenditures, particularly public works, are monitoring spending to stay within the county’s parameters.
The commission had no further questions and took no separate action on Robinson’s report; routine financial reports were accepted as presented. The commission plans no immediate budget changes based on the report.
