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Finance staff presents unaudited FY25 first‑quarter financials; revenues slightly ahead and SPLOST receipts reported
Summary
County finance presented unaudited FY25 Q1 financials through Sept. 30: $65 million general fund revenue budget with property tax and sales tax as primary sources; revenues are roughly $236,000 ahead of last year and expenditures about $628,000 ahead, driven primarily by salary increases and timing differences; SPLOST lifetime receipts reported about $42.3M collected and $9M spent.
Barrow County finance staff presented unaudited FY25 quarter‑one financials at the Nov. 26 commission meeting, showing general fund revenue budgeted at $65,000,000 and noting property taxes and sales taxes as the largest revenue sources.
The presenter said Q1 revenues were roughly $236,000 ahead of the same point last year and expenditures were about $628,000 ahead, largely from salary increases and timing differences such as software purchases or invoice timing in several departments. The presenter also gave a SPLOST 2022 update: about $42.3 million collected to date and roughly $9 million spent, with distributions to cities and several approved but not yet started projects. The finance presenter said the utility fund financials are not yet included pending a recent software conversion.
