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City manager reports May 2024 finances: cash balance and SPLOST receipts highlighted
Summary
City Manager presented May financials showing a reported cash balance of about $11.315 million, SPLOST 22 collections of roughly $7.7 million (cash on hand cited as $4.7 million) and $640,000 in unallocated ARPA funds; commissioners asked follow‑up questions about specific fund details.
City Manager presented the city’s financial report for the period ending May 31, 2024, noting the fiscal year was 92% complete as of that date.
The city manager reported revenues year‑to‑date and said the city’s cash balance as of May 31 was about $11,315,000. The manager said total SPLOST 22 collections to date were approximately $7.7 million with about $4.7 million cash on hand from that tax. The ARPA balance listed included roughly $640,000 unallocated funds. Staff reported various fund balances and year‑to‑date expenditures across sanitation, stormwater, Roosevelt Harris Center and other accounts; commissioners asked follow‑up questions about unusually high utility bills, county responses to funding requests and the bank account holdings for city funds.
Commissioners directed staff to follow up on the Lawrence Center utility bill and on a written county response regarding Roosevelt Harris Center funding. The commission voted to accept the financial reports.
