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Tennessee Comptroller acknowledges Bradley County's FY2026 budget but warns on school reserves and ARP use
Summary
The Tennessee Comptroller confirmed receipt of Bradley County's adopted FY2026 budget and said projected revenues appear sufficient, but flagged the General Purpose School Fund reserve shortfall and cautioned that planned American Rescue Plan spending must comply with federal rules.
Mayor D. Gary Davis presented a letter from the Tennessee Comptroller of the Treasury acknowledging receipt of a certified copy of Bradley County's fiscal year 2026 budget and summarizing the office's review.
The Comptroller, Jason E. Mumpower, wrote that "we have reviewed the budget and have determined that projected revenues and other available funds are sufficient to meet anticipated expenditures," while noting several items the county should address. The letter…
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