Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the County Finance topic
No spam. Unsubscribe anytime.
Budget committee: general fund nearly breaks even after FEMA expense, minutes approved
Summary
Wilson County budget committee approved minutes and heard a finance update saying the general fund would have been "mildly in the black" but for a roughly $4.244 million FEMA item; auditors expected as books close this week.
The Wilson County Budget Committee approved the July 9 minutes and heard a finance report that the county is finishing closing its books this week. The Finance Director told the committee that, except for a FEMA-related item of about $4.244 million, the general fund "would have been, mildly in the black"—"about a couple $100,000 or so."
The director said that was an improvement compared with the prior year, when the county posted a roughly $3 million loss. Auditors are expected to arrive after the county completes the close, and staff said any necessary budget amendments will follow the audit and grant approvals already on the agenda.
