Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Finance director: county ended FY24–25 with $18.4M net revenue and proposes $8.3M committed carryover
Summary
Finance staff reported the county closed FY24–25 with roughly $18.4 million in revenues over expenses, recommended committed carryovers totaling about $8.3 million and discretionary carryover requests of about $5.4 million, and proposed resolutions that would increase general‑fund reserves by roughly $3.8 million.
Finance Director Ms. Sturdivant (Speaker 15) presented the county’s FY 24–25 end‑of‑year reconciliation and carryover requests, summarizing revenues, proposed carryovers and impacts to the general‑fund reserve.
She said the prior fiscal year’s carryover added about $3.2 million to general‑fund reserves, producing a reserve that represents about 15.7% of the county operating budget. For FY 24–25, she reported the county ended the year with revenues over…
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
