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Financial consultant warns Tippecanoe County of shrinking fund balance, rising insurance costs and legislative risks
Summary
At a joint session the county’s financial consultant reported 2025 expenses outpaced revenue, leaving general-fund reserves lower than projected and flagging rising health-insurance costs, reduced interest income and upcoming state changes to local income-tax rules as risks. He urged early budget work, department-level cuts, and identified potential revenue options including a 0.1% correctional-facility tax.
Tippecanoe County’s financial consultant delivered a detailed briefing to the Council and Board of Commissioners on Jan. 13, saying the county’s general-fund balance fell short of earlier projections after 2025 expenses — particularly health-insurance costs — outpaced revenue.
"Expenses outstripped the revenues in 2025," the consultant said, summarizing the primary driver of the revised ending balance. Auditor Jennifer told the group the general fund began 2026…
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