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Clare County board hears year-end fund-balance report and approves October expenditures
Summary
The clerk reported a positive year-end fund balance and the board approved October expenditures after a motion; transcript figures include a fund balance stated as $5,700,000 and an expenditures figure read aloud at the meeting that appears to be mis-transcribed in places.
The Clare County Board received a fiscal update and approved monthly expenditures during the meeting.
The county official reporting a "state of the county" financial update said the books close on the 30th and the external audit is scheduled to begin in December, which typically runs through March. "Right now, we have, $5,700,000 fund balance," the clerk reported, and said the balance represented an increase from the prior year; the clerk also mentioned a restricted portion referenced in the transcript but the exact figure was unclear.
A motion was made to approve the expenditures for October 2024 as read at the meeting; the motion included an overall amount read aloud in the transcript that appears as $706,190,732.57 and a stated general fund expenditure totaling $1,670,635.77. The transcript formatting suggests those dollar amounts may be garbled; the board moved, seconded and approved the expenditures.
What happens next: the books will close on the 30th, the county will proceed with its scheduled audit starting in December, and staff will prepare the necessary certificates and records following certification and fiscal close.
