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Treasurer reports March finances; notes $580,000 annual Justice Center debt payment and tribal funds adjustments
Summary
County Treasurer Jerry Greenfield presented the March financial statement, said Road & Bridge equipment costs tied to Tribal Consistency Funds are about $150,000 lower than anticipated, and noted a $580,000 annual debt service payment for the Justice Center.
Jerry Greenfield, County Treasurer, presented the March financial statement to the Board of Lincoln County Commissioners and walked through several budget items and funds. Greenfield told commissioners that adjustments tied to the Local Assistance Tribal Consistency Funds were discussed and that Road & Bridge equipment costs for those funds will be $150,000 lower than initially anticipated. He also reviewed long-term receivables from Allwest Conduit and the Impact Mitigation Fund.
Greenfield noted the county’s debt-service obligation for the Justice Center, stating the annual payment is $580,000. He asked the board to consider those liabilities in budgeting and highlighted fairground bleacher cost adjustments as another line-item matter under review.
Context: The Treasurer’s presentation provided the board with a snapshot of current revenue, receivables and fund adjustments; no formal budget adoption or amendment was recorded during this meeting.
