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Harvey County says 2025 first-quarter revenues, expenditures tracking to budget; investment returns exceed benchmark
Summary
Assistant County Administrator Shannon Kingsley told commissioners the county's year-to-date revenues and expenditures are on track and that the county's investment income total rate of return exceeds the 3-month Treasury benchmark of 4.21%; financial packet shows $8.9 million YTD actuals against a $19.0 million revised general fund budget.
Shannon Kingsley, assistant county administrator and finance director, presented Harvey County's 2025 first-quarter financial report and told commissioners that "year-to-date revenues and expenditures are on track with the budget and in comparison to last year." Kingsley highlighted that the county's investment income total rate of return "exceeds the benchmark of 4.21%" and provided the commission with a packet of revenue and expenditure tables.
The financial packet shows general fund YTD actual revenues of $8,892,948 against a revised budget of $19,001,758 (46.80% of budget) and lists key revenue categories such as current tax, retail sales tax and interest on investments. Kingsley noted that while many line items remain seasonal, major revenue and expenditure categories are in line with expectations and staff will continue to monitor year-to-date trends.
Commissioners received the report; no formal action was required. Staff indicated attachments in the packet provide detailed fund-level breakdowns and investment holdings as of March 31, 2025.
