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County auditor and treasurer report rising revenues and detail August 2024 balances
Summary
The Harrison County auditor presented unaudited August 2024 financials showing a $32.35 million fund balance and higher revenue and expenditures versus FY23; the treasurer reported $24.7 million in total investments and $160,097.18 interest earned in August.
The county auditor presented unaudited August 2024 financial statements to the Harrison County Commissioners Court on Oct. 8 and described changes from the prior fiscal year.
The auditor reported a total fund balance of $32,354,437 and said the general fund had collected $28,121,499 as of August 2024 compared with $24,459,983 in FY23, an increase of about $3.7 million (approximately 14.97%). The auditor described expense comparisons and noted the road-and-bridge fund showed increased receipts largely tied to sale of motor graders and insurance proceeds.
Separately, the treasurer presented the August investment report: Texas CLASS beginning balance $1,161,991.86 (interest earned $5,144.88; ending balance $1,112,136.74); Ameriprise $945,609.38; Texas Bank & Trust wealth management $22,641,722.15; total investments $24,699,468.27. The treasurer said total investment interest for August was $160,097.18 with year-to-date investment interest through August of $1,490,173.03. The court approved both the auditor's and treasurer's reports and authorized the treasurer's monthly report for publication on the county website pursuant to the local government code.
The auditor prefaced the figures as unaudited and unadjusted and the court voted to approve the reports. Some numerical lines in the transcript were garbled and flagged for verification; the court recorded motions to approve the reports and line-item transfers during the meeting.
