Adams County Board gets a look at rough budget numbers
8 months ago By Jamie Busen
For the County general fund, revenues show about $12.2 million and expenses reflect $13.3 million
The Adams County Board Tuesday night got its first look at the beginning of the new fiscal year budget.
Board members received two documents - the revenue side and the expense side for 2012-2013. For the County general fund, revenues show about $12.2 million and expenses reflect $13.3 million, leaving a deficit of more than $1 million.
Finance Committee Chair John Johnson told the Board the expense side reflects the requests of all department heads and the revenue side is based on current revenues averaged through the end of June. Both numbers will be tweaked as time goes on. Revenues will be updated after September payments are processed and the expense side will be changed as Committee members meet with department heads over the next few weeks.
Johnson said when you factor in that they had to over-budget for a bond repayment and that several hundred thousand dollars doesn't actually get spent, the real deficit - if the budget passed today - would be approximately $550,000 for the county general fund.
"That is our task over the next several weeks - to try to minimize that number," Johnson said.
He added they hoped to have a final budget presented in November, and the levee would be set in December.
In other action, the Board heard a report from Johnson regarding the County audit. It was presented to Committee members Monday night, with one less finding than last year with a total of five - which were all repeat findings.
The Board also approved the premiums for health insurance. The new health insurance contract was voted on a few weeks ago and approved by the Finance Committee. Click here for a previous story regarding claims the savings numbers aren't accurate.