BoCo Commission OKs 2024 budget

The Bollinger County Commission has approved the 2024 budget for the general revenue fund, road and bridge department, and assessment fund.

General revenue fund

The general revenue fund in 2023 received $3,120,937.23, plus $866,315.70 carried over from 2022, and spent $2,677,945.40.

Estimated revenue for 2024 is $2,489,345. Expenditures are estimated to be $3,346,120.52.

At the end of December 2024, after other net resources are included, the general revenue fund is estimated to end with a cash balance of $9,540.18.

Road and bridge fund

The road and bridge fund in 2023 had revenue of $1,480,706.23, plus $125,549.23 from the 2022 budget. The fund spent $1,967,330.

Estimated income for 2024 is expected to be $1,977,568.31; expenditures may come to $1,967,330. At the end of the year, after other net resources are included, the fund is expected to have a balance of $10,238,31 to carry over to the next year.

Assessment fund

The assessment fund in 2023 had an income of $226,404.91, with $246,520.49 in expenditures.

Estimated 2024 revenue comes to $233,622.53, plus a carryover of $12,393.27 from 2023. Expenditures are expected to be $253,450.80. Cash available at the end of December is estimated to be $32,193.37.