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Grant County treasurer reports revenues above projections, warns of short-term cash need
Summary
Treasurer Julie Ellison told the court General Fund payroll is at 68% and county revenues are tracking at about 102% of budget; Emergency Management may require a roughly $300,000 short-term cash loan because federal reimbursements will arrive after July.
Treasurer Julie Ellison presented the third-quarter 2025–26 financial report to the Grant County Court on April 15, reporting that revenues and expenditures vary by fund but overall county revenues are projected at 102% while payroll sits at 68% of budget.
Ellison told the court the General Fund was at about 68% for personal services, Materials & Services at 72%, and revenue realization at 91% at the quarter mark; the county-wide projection listed revenues at 102%, payroll at 68%, Materials & Services at 112% and capital outlay at 25%. She noted the county pool interest rate at 4.0%. Ellison also said Emergency Management was informed that federal payment restrictions have been lifted but those reimbursements will not arrive until after July, meaning the county will likely need a short-term cash loan of approximately $300,000 to close fiscal year 2025–26.
The court heard the report as context for ongoing budget work; the minutes state the county hopes to finish its budget process by May 6. No additional budget actions tied specifically to these projections were taken at the April 15 session.
