Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
New finance director briefs board; audit likely delayed to January 2026
Summary
New finance director Stacy McBride and staff gave a detailed update on fund balance policy, the 2025 audit (likely delayed to January 2026), GASB accounting changes, and preliminary FY26 budget work suggesting revenues may exceed adopted expenditures and that proposed amendments could fall below the 1% public‑hearing threshold.
Stacy McBride, introduced as King William County’s full‑time finance director, and finance staff reported Nov. 17 on fund balance policy, the status of the 2025 audit and the FY27 budget calendar.
McBride summarized the county’s fund balance policy (a 20% unassigned fund balance target) and said the 2025 audit is still in process; after meeting with auditors she told the board the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
