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Treasurer reports budget changes, invests ARPA interest and seeks waiver for FY26/27 spending limits
Summary
Franklin County’s treasurer presented revenue gains, a $3.3 million budget amendment (second reading) raising the total budget to $73.9 million, proposed short-term CD investments of ARPA interest, and a waiver request to the Department for Local Government for FY26/27 encumbrance limits tied to capital projects and ordered vehicles.
Amy, the county treasurer, reported to the fiscal court on May 13 that revenue collections for payroll and insurance premium taxes have met budget expectations and presented multiple budget-related items for court consideration.
She said the Department for Local Government has approved a second reading of an amendment that increases the budget by $3.3 million, bringing the total to $73.9 million; the increase reflects additional capital and reimburseable work including a planned fire truck purchase (about…
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