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Deputy CFO Brent Shelton delivers final quarterly report, flags health‑insurance pressure
Summary
Deputy CFO Brent Shelton presented the county's second-quarter 2026 financial report (unaudited), highlighting steady revenues, a projected $6 million reduction in certain fund balances driven by rising health‑insurance costs and several ongoing capital projects; Shelton noted it was his final quarterly presentation before retirement.
Deputy Chief Financial Officer Brent Shelton presented the county’s unaudited second-quarter financial report and answered commissioners’ questions about revenue trends and capital projects. Shelton said assessed values and ad valorem collections were up but cautioned that rising employee health insurance costs could reduce enterprise and internal service fund balances by an estimated $6 million year over year.
Shelton reviewed fund-by-fund trends, investment income performance (year‑to‑date investment income increased to about $6.3 million on a $526 million portfolio), and several capital projects including the Comcare Crisis Expansion Center and the courthouse annex remodel. Commissioners thanked Shelton for his service; Shelton said he will retire and noted that his office will finalize audit adjustments after year-end.
The Board received and filed the report.
