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Auditor: January building fees buoyed by one-time Google permits; LIT and Cum Cap balances healthy
Summary
County Auditor Jackie Scheuman reported about $700,000 in January building fees — roughly $350,000 tied to Google permits that are unlikely to recur monthly — and said Cum Cap and LIT economic development funds show multi-million-dollar balances available for appropriation.
Auditor Jackie Scheuman told the Allen County Council on Feb. 11 that January's building-fee receipts totaled about $700,000, but approximately $350,000 of that was related to Google permit activity that "is not something that would recur every month." She cautioned the council against extrapolating a monthly run rate from a single month's data.
Scheuman also summarized key fund balances: Cum Cap cash of $8.9 million with roughly $4.8 million available for appropriation after budget and encumbrances; LIT economic development cash near $34 million with $27 million available for appropriation; and $21.3 million in the correctional LIT set aside for jail-related bond obligations. She reported about $99 million in remaining bond proceeds for the jail construction and about $6 million in interest earned on those proceeds.
Councilmembers asked whether Google-related fees would persist; the auditor repeated that $350,000 appears to be one-time in January. On correctional funding, she said the county is currently paying interest only and estimated annual bond payments rise in later years to roughly $11 million for debt service, which will affect future budgeting.
The auditor's report framed the county's near-term fiscal flexibility while noting the uncertainty of one-off permit receipts and the scheduled timing of jail-bond principal payments.
