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Several special and enterprise funds flagged for monitoring; solid waste and public works need transfers
Summary
Finance staff said many special revenue funds are in good shape but highlighted the solid waste enterprise fund and public works as struggling to cover recurring costs; scheduled transfers are planned and staff will monitor.
During the presentation Emily summarized special revenue and enterprise funds, saying some are mission-specific with dedicated cash balances while others require attention. On the solid waste enterprise fund she said recurring revenue does not support recurring expenses even though GRT performance is near target; the fund will rely on its beginning cash balance to offset shortfalls.
Emily told commissioners that public works is similarly strained and that $1,300,000 is scheduled to transfer in to supplement the deficit. She described the GRT 0.333 infrastructure receipts and a capital enhancement budget with $2,500,000 in planned transfers for capital projects. Commissioners asked for additional trend and prior-year comparison columns so they can better see structural issues versus timing effects.
