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Treasurer reports $1.95 million net increase and $28.16 million ending fund balance; board approves report
Summary
Kossuth County Treasurer presented the annual report for fiscal year 07/01/2025–06/30/2026 showing a net increase of $1,949,107.82 and an ending fund balance of $28,164,305.37; the board approved the report by motion and voice vote.
Treasurer Nick presented the county's annual financial report for the 12-month period ending June 30, 2026, telling the board the county experienced a net increase in fund balances. "We did have an increase of $1,949,107.82," Nick said, summarizing the top-line movement from beginning to ending balances and directing supervisors to the detailed line items in the packet.
Nick told the supervisors the report breaks receipts and disbursements into fund-level columns that show beginning balances, revenues, disbursements and ending fund balances, and he flagged outstanding drainage warrants that remain elevated but are being addressed. After board questions, Supervisor Stecker moved to approve the treasurer's annual report; the motion was seconded and carried by voice vote.
