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Board reviews financial report, approves third-quarter appropriations and payables
Summary
Finance presenter reviewed the county's Dec. 31 financial report and the board approved payment of invoices and a $32,000,004.87 total appropriation request covering multiple funds; members asked staff follow-up questions for clarification.
At the Jan. 8 meeting, the finance presenter summarized the county financial report as of Dec. 31, 2025 and the board approved routine financial actions including payment of invoices and third-quarter appropriation requests.
The presenter told the board the packet includes a financial report showing the county's bank balance for December and a larger grand total in the packet. The transcript records the presenter saying the packet included "the Smith County Virginia financial report as of 12/31/2025 that shows the county with the bank in Sydney balance of 20,000,000 for December with the total being under the grand total amount of $773,000,007." Members asked for clarifications and were referred to staff for details.
Later in the meeting, staff presented a list of 3rd-quarter appropriation requests and noted the total appropriation request in the packet. The presenter said the total appropriation request would be "$32,000,004.87" covering general county funds, EDA, schools, social services, water/sewer deposits, sheriff drug accounts and recovery court funds. The board moved to approve the appropriation requests and to pay invoices; both motions were approved by voice vote. The transcript contains numeric expressions that may reflect transcription artifacts; readers should consult the official packet for verified figures.
