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Finance committee advances nearly $24.8 million in FY2025 carryforwards to FY2026 budget
Summary
Beaufort County’s Finance & Administration Committee voted to forward a resolution carrying $24,770,785.97 in FY2025 purchase orders and funds into the FY2026 budget; staff said the amount reflects prior obligations rather than new spending and includes CIP, ARPA and road-related carryovers.
The Finance & Administration Committee on Aug. 18 voted to send a budget amendment to County Council that carries forward $24,770,785.97 in uncompleted FY2025 purchase orders and fund balances into the FY2026 budget.
Finance Director Sandy Novak told the committee the carryforward is largely a bookkeeping step to keep previously approved projects funded rather than new allocations. Novak said approximately $6.3 million are capital improvement (CIP) projects and roughly $4.8 million comes from American Rescue Plan Act allocations; other carryovers include sales tax projects (~$4.0 million), gas tax and road-related items (~$3.3 million), road improvements (~$2.4 million) and road-impact funds (~$2.0 million).
Council members asked whether the volume of carryovers reflected work overload or project delays; Novak said the county is following established accounting practices under the new CFO and that some items were continued as carryforward rather than reissuing purchase orders at year end. Committee discussion noted past practices canceled unfinished purchase orders and reissued them, which made carryforward totals appear smaller in previous years.
The committee approved forwarding the amendment to the full County Council for first reading without objection. The action does not add new funding beyond previously authorized amounts; it makes prior commitments available in FY2026.
