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Franklin County reports near-budget revenues, strong interest income; bond and state funding cited
Summary
Franklin County’s CFO told commissioners Jan. 28 that through November the county had recognized $52.7 million of a $54.4 million general fund budget (96.9%), with tax collections near 99.8% of target and investment income outperforming projections; officials cited a $10 million bond and a state budget impasse as reasons for some variances.
Franklin County’s finance officials told the Board of Commissioners on Jan. 28 that the county is tracking close to budget for 2025, with tax collections and unexpectedly strong investment income helping offset slower state grant receipts.
"We've recognized $52,700,000 of our $54,400,000 budget, or 96.9%," said Teresa Beckner, chief financial officer, summarizing general fund revenues through November. She said taxes accounted for $40,800,000, or roughly 99% of the tax budget, and countywide tax collections for 2025 totaled about $47,500,000 — roughly 99.8% of what was budgeted to be collected.
Beckner and Director Janelle Friese told commissioners that federal…
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