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Park County commissioners approve FY24‑25 budget amendments, shift PILT funds for landfill liability
Summary
The Park County Board of Commissioners on Nov. 4 approved FY24‑25 year‑end budget amendments that reallocated payments‑in‑lieu‑of‑taxes (PILT) partly to cover landfill long‑term liabilities and finalized several routine resolutions, after a staff presentation and a short public hearing.
Park County commissioners on Nov. 4 approved a package of FY24‑25 budget amendments and several related year‑end adjustments after a staff presentation and a public hearing.
Erica, county finance staff, told the commission that auditors required an updated annual review of landfill closure liabilities and that about $270,000 of PILT was shifted to the landfill. Erica said PILT increased from $595,000 to $645,000, with $270,000 of that increase intended for the landfill and planned to be reimbursed from the BN fund under an existing resolution. "That is intended to be reimbursed by the BN fund," Erica said, explaining the shift was an accounting requirement tied to auditor procedures.
Erica reviewed other year‑end adjustments and…
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