LANCASTER—Six months into the fiscal year, plans are already underway in Lancaster County as staff and supervisors begin the process of developing a budget for fiscal year 2024, which begins July 1. On January 26, the board of supervisors reviewed last year’s audit, this year’s budget and approved a calendar, calling for budget adoption by the end of May.
Current budget review
County administrator Don Gill reviewed the fiscal year 2023 budget, pointing out the audited beginning balance of $8,404,450 is $1,299,305 more than originally projected. At the halfway mark, Gill said the county has “collected 70% of anticipated revenue and spent 47% of approved expenditures.”
The operating budget includes revenues of $37,162,491, with total funds of $45,566,941. Expenditures total $38,214,336 with an ending balance of $7,352,605.
Budget calendar
The board approved a budget calendar setting a goal for adopting the fiscal year 2024 budget at the May 25 meeting. To accomplish this, the board will hold a joint work session with the school board….
