Overview
Phillips County closed 2024 with $6,687,839 of reporting-entity cash (total cash and investments $17,141,166 less agency funds $10,453,327). The General Fund took in $2,659,175 and spent $2,294,712, closing at $473,124 unencumbered; Road & Bridge took in $3,973,801 and spent $3,877,675, closing at $97,363. The audit reports compliance findings (see Debt & notes) and a KPERS net pension liability of $3,317,770 that the regulatory basis does not recognize in the fund statements.
Source: Phillips County 2024 financial statement, Statement 1 composition of cash and Schedule 2.
At a glance
Funds
| Fund | Receipts, 2024 | Expenditures, 2024 |
|---|---|---|
| General | $2,659,175 | $2,294,712 |
| Road & Bridge | $3,973,801 | $3,877,675 |
| Election | $145,503 | $113,774 |
| Appraiser’s Cost | $136,142 | $139,818 |
| Noxious Weed | $149,757 | $149,757 |
| Noxious Weed Capital Outlay | $14,229 | $0 |
| Historical Society | $16,318 | $16,266 |
Ending unencumbered balances for the rows above: General $473,124 (beginning $108,661 + $364,463 net); Road & Bridge $97,363 (beginning $1,237 + $96,126 net); Election $21,276 (beginning −$10,453 + $31,729 net); Appraiser’s Cost $23,443 (beginning $27,119 − $3,676 net); Noxious Weed $0; Noxious Weed Capital Outlay $70,317 (beginning $56,088 + $14,229); Historical Society $0 (beginning −$52 + $52 net). Each row re-adds exactly.
Cash composition (verified, sums exactly): cash on hand $620 + NOW accounts $12,674,262 + checking accounts $147,264 + money market accounts $2,446,020 + certificates of deposit $1,873,000 = $17,141,166; less agency funds $10,453,327 = $6,687,839 reporting-entity cash. Derived total: ending unencumbered $6,188,104 = $6,687,839 less $499,735 encumbrances and accounts payable shown in Statement 1; because the Statement 1 total row itself extracted only in fragments, this figure is labeled derived, and the county-wide receipts and expenditures totals are omitted rather than reconstructed from fragments.
Source: Phillips County 2024 financial statement, Statement 1 and Schedule 2.
Debt & notes
Compliance findings reported by the auditor: expenditures in the Historical Society, Conservation, County Hospital and County Fair funds exceeded their published budgets (K.S.A. 79-2935); the County Health, EMS-Ambulance, Motor Vehicle Tax, Recreational Vehicle Tax and Commercial Vehicle Tax funds incurred indebtedness in excess of available cash (K.S.A. 10-1113); and deposits were not adequately secured at December 31, 2024 (K.S.A. 9-1402) — carrying deposits $17,140,546 against a bank balance of $17,536,446, of which $989,199 was FDIC-covered, $13,935,334 collateralized, and $2,611,913 unsecured. The General, EMS-Ambulance and County Health budgets were amended during 2024. The county’s KPERS proportionate net pension liability was $3,317,770 (measured June 30, 2024; contributions $331,184 for 2024); the KMAAG basis does not recognize it in the fund statements. Outstanding Phillips County Economic Development (PCED) loans totaled $369,699 at December 31, 2024. No bonded-debt total is stated: the regulatory basis does not recognize long-term debt in the fund statements.
Source: Phillips County 2024 financial statement, notes 2–6.
Sources & notes
- Source used: Phillips County, Kansas, financial statement and regulatory-required supplementary information with independent auditor’s report, year ended December 31, 2024 (Mapes & Miller LLP) Read the source document.
- Identity: this is Phillips County, Kansas (county seat Phillipsburg).
- Sum checks: cash: $620 + $12,674,262 + $147,264 + $2,446,020 + $1,873,000 = $17,141,166, less $10,453,327 = $6,687,839; derived unencumbered: $6,687,839 − $499,735 = $6,188,104; General: $108,661 + $2,659,175 − $2,294,712 = $473,124; Road & Bridge: $1,237 + $3,973,801 − $3,877,675 = $97,363.
- Jurisdiction palette: no verified palette was on file for this jurisdiction, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.