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Liberty County finance staff report solid cash position, approve five-year CIP and set a millage estimate for notices
Summary
Finance staff reported collecting 63% of expected general-fund revenues through February and holding roughly 4.75 months of operating expenditures in unreserved fund balance; the commission approved the five-year CIP and agreed to use last year’s millage as the estimated rollback rate on assessment notices per recent state guidance.
Samantha Richardson (finance) presented the county’s February 2026 financial statements. She said the general fund had collected approximately 63% of anticipated revenues and spent 61% of budgeted expenditures through February; the unreserved fund balance covers about 4.75 months of operating expenditures. Richardson told the board that some departmental overages…
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