In a recent government meeting, the board reviewed the October financial report, highlighting a positive trend in revenue growth. Theresa, the financial officer, reported a 2.35% increase in ad valorem tax collections compared to last year, alongside a significant 15.4% rise in sales tax revenue. Overall, the general fund operating revenues have increased by 5.39%, while tourism revenues have seen a 4.76% boost year over year.

The meeting also addressed the completion of the FY 24 audit, which is set to be presented by Martin Starnes at the next meeting on December 9. Despite a drop in available fund balance due to substantial transfers to the capital project fund for the construction of Fire Station Number 3, the financial outlook remains optimistic.

However, concerns were raised regarding a projected shortfall of up to $272,000 in ad valorem tax revenues. This decline is attributed to a significant apartment complex being removed from the tax rolls, resulting in a loss of $63 million in assessed value. The county's notification of this change has raised questions about the timing and implications for future revenue projections. The board is awaiting further clarification from the county on this matter.