Hancock County Supervisors have set a 9:30 a.m. public hearing for May 17 on a proposed amendment to the county’s fiscal year 2020-2021 budget due to additional revenues that are anticipated to be received prior to the end of the current fiscal year.
County Auditor Michelle Eisenman said that $1 million is an estimate of what is expected to be received by the county through the American Rescue Plan Act and estimated to be received before the end of the fiscal year ending June 30.
Eisenman said other additional revenues reported on the county’s revised budget proposal being noticed to the public are mainly grant pass-through funds for public health. Eisenman noted that the Board of Supervisors has not yet made decisions on where the additional monies will be spent.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a $1.9 trillion economic stimulus bill passed by the 117th United States Congress. It was signed into law by President Joe Biden on March 11 to speed up the United States' recovery from the economic and health effects of the COVID-19 pandemic and the ongoing recession.
Hancock County’s proposed budget amendment shows an additional $1.035 million for intergovernmental revenues and an additional $2,300 in revenues from charges for service for a total revenue increase amendment of more than $1.037 million. The proposed budget amendment for the current fiscal year would increase total revenue from about $14.595 to $15.632 million.
The proposed budget amendment also shows an additional $453,672 being placed into roads and transportation under expenditures, an additional $39,860 for physical health and social services, and an additional $10,500 for county environment and education. Other excess funds are not earmarked.
Rob Hillesland is community editor for the Summit-Tribune. He can be reached at 641-421-0534, or by email at email@example.com.