Belknap County finance staff reports projected year-end surpluses and improved cash position

Laurie Sharp, the county finance presenter, told commissioners the county is on track to end 2025 with improved balances after departmental variances in revenues and expenses. Sharp said several departments are projecting modest surpluses while a few lines — notably county maintenance — are being monitored for deficits.

Sharp cited specific department projections: an anticipated general fund surplus across multiple lines, a nursing-home revenue improvement and smaller variances in county administration and finance lines. She said the county’s current cash position was about $1,192,004.10 and that municipal tax payments were arriving and expected to be complete by Wednesday the 17th (as presented).

Sharp summarized the consolidated effect of projected revenue increases and expense changes as an addition of roughly $2,049,361 to the county’s fund balance by the end of 2025. She also noted particular line items to watch, including county maintenance (a projected deficit), and said she would present adjustments or transfers at a future meeting if needed.

Commissioners thanked Sharp for the update and asked whether a supplemental appropriation or a transfer would be required if stipend or grant funds arrive; staff said revenue and expense would be recorded and presented through the standard budget process.

What’s next: Finance staff will refine figures and present any required transfer or budget adjustments at the next meeting if changes are necessary.