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Cherokee County CFO explains $32.58 million FY2025 true‑up; commissioners seek clarity on revenue offsets
Summary
Finance staff presented a FY2025 year‑end budget amendment of $32,581,168 described as a 'true‑up' that reallocates budgeted dollars, uses reserves in places, and recognizes unanticipated grant revenues (including ARPA); the county’s new CFO told commissioners the net effect is not necessarily an increase but an accounting reallocation.
Finance staff presented a FY2025 year‑end budget amendment at the Cherokee County work session on Feb. 17 totaling $32,581,168 and described it as a year‑end ‘true‑up’ to reconcile accounts, recognize grant revenues, and reallocate funds across departments.
The county’s new CFO, who answered commissioners’ questions during the session, said the amendment largely moves money between accounts and recognizes reimbursable grant revenues (such as ARPA and other grants) when…
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