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Calhoun County reviews March financials and approves $1.09M in claims
Summary
Finance Director James Latham reported a $936,000 year-over-year budget shortfall attributable to timing and reduced state revenue-sharing; the Board approved two claims lists totaling $1,093,149.02 by roll call.
Finance Director James Latham told the Board the county’s budget was behind last year’s pace by $936,000 due to timing differences and lower state revenue-sharing payments; he said transfers from the Revenue Sharing Reserve Fund would offset the revenue loss and noted higher property tax collections tied to timing and valuation increases.
Following the financial report, the Board approved two lists of claims totaling $634,385.49 (week of April 5) and $458,764.53 (week of April 11), for a combined total of $1,093,149.02, by roll call vote (Res. 59-2005).
Commissions and departments were directed to expect that savings from vacation, sick and accident accounts would be taken out of departmental budgets for the first quarter and a report would be provided to the Board in the next month.
