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Finance director presents draft FY2025 statements showing a $560,000 general‑fund loss; auditors expected to issue reports late Feb.
Summary
Alpine County's draft financial statements for the year ended June 30, 2025, show a $560,000 general‑fund net change driven largely by reimbursable disaster-related expenses; auditors plan to issue final statements the week of Feb. 23 and present to the Board March 3.
Alpine County Finance Director Klaus Leidenbauer reviewed the county's draft annual financial report for the fiscal year ended June 30, 2025, at the Feb. 10 Audit and Finance Committee meeting and said the document is in the auditors' hands and expected to be issued the week of Feb. 23.
Leidenbauer highlighted that the general fund shows a net change in fund balance of a "loss of $560,000," down from a prior‑year loss of roughly $650,000 and better than a budgeted loss of about $1.1 million. He attributed roughly…
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