Cherokee County’s financial position looks good through the first quarter of the fiscal year, according to chief financial officer Kim Warden.
Warden told county commissioners at this week’s work session that all revenue and expenditure indicators are green, with one exception, and that the county’s general fund has shown an increase of $5.1 million with tax collections coming in at a 1 percent greater rate than last year.
Warden said one sticking point is the county’s health care budget, which will require additional funding. She said general fund cash on hand has improved from the depths of the Great Recession in 2010, with a negative balance then as opposed to $9.8 million this year during the annual low point at the start of December.
The fiscal year began Oct. 1.
About the Author
