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E911 financial report: $611,153 year-to-date surcharges; available funds $1.77M
Summary
The board reviewed the E911 financial report showing year-to-date surcharge collections of $611,153, total expenditures just over $1,000,000 for the fiscal year, and a carried-forward available fund balance of $1,770,000 to cover capital and recurring costs.
The chair presented the E911 financial report to the board on June 4, noting year-to-date surcharges and the board's available fund balance for upcoming capital and recurring expenses.
"The year to date, 20 fivetwenty 6, is the total surcharges there at the top, dollars 611,153," the chair said. The chair added that total expenditures this fiscal year have been just over $1,000,000, leaving income-over-expenditures for the year "in the red," but noted the board carries revenue forward and currently has $1,770,000 available after obligations.
Board members discussed timing of revenue posting and statutory reporting periods, with the chair explaining final adjustments typically clean up in August (period 13) and that increases in lines historically drive revenue growth.
No formal budget action was taken; the report was provided for board visibility and to inform upcoming capital spending decisions.
