Overview
Smith County closed 2024 with $12,725,244 in primary-government unencumbered cash and $13,142,056 in ending cash after encumbrances. The General Fund ended at $1,892,247 unencumbered after taking in $2,537,685 and spending $2,065,854 — a $471,831 surplus. The county's largest single fund balance was the Health Reserve Fund at $3,088,315, ahead of Road and Bridge at $2,283,065.
Source: Smith County financial statement, year ended December 31, 2024 (state admin portal, PDF).
At a glance
Source: Smith County financial statement, summary statement.
Budget walk
Primary government: beginning $11,669,616 plus receipts $14,513,663 minus expenditures $13,458,035 equals ending unencumbered cash $12,725,244; plus $416,812 in encumbrances gives ending cash $13,142,056. The reporting entity (including the Public Building Commission debt-service fund, whose $1,243,645 in receipts exactly matched its expenditures) walks the same way: beginning $11,669,616 plus receipts $15,757,308 minus expenditures $14,701,680 equals $12,725,244, plus $416,812 gives $13,142,056. Cash: checking $18,019,981, certificates of deposit $2,750,000 and cash on hand $750, totaling $20,770,731; less distributable funds $7,320,869 and agency funds $307,806 equals $13,142,056.
General Fund: beginning $1,420,416 plus receipts $2,537,685 minus expenditures $2,065,854 equals ending unencumbered cash $1,892,247; plus $89,055 in encumbrances gives ending cash $1,981,302.
| Item | Amount |
|---|---|
| Unencumbered cash, Jan 1, 2024 (General Fund) | $1,420,416 |
| Receipts, 2024 | $2,537,685 |
| Expenditures, 2024 | $2,065,854 |
| Receipts over expenditures | $471,831 |
| Ending unencumbered cash | $1,892,247 |
Source: Smith County financial statement, summary statement.
Major funds
Ending unencumbered cash by fund, as printed in the summary statement (selected funds; the full statement lists 37 funds):
| Fund | Ending unencumbered cash |
|---|---|
| Health Reserve | $3,088,315 |
| Road and Bridge | $2,283,065 |
| General | $1,892,247 |
| Sales Tax | $1,176,533 |
| Bridge Building | $782,548 |
| Special Machinery | $666,187 |
| Solid Waste Capital Improvement | $520,000 |
| Health | $407,178 |
| Solid Waste | $362,072 |
| Ambulance Service | $338,864 |
| Solid Waste Equipment Reserve | $157,450 |
| Employee Benefits | $151,968 |
| Noxious Weed | $118,320 |
| Appraiser's Cost | $102,671 |
| Special Highway Improvement | $100,000 |
| Hospital Maintenance | $68,393 |
Source: Smith County financial statement, summary statement.
Sources & notes
- Only source used: Smith County financial statement with independent auditors' report, year ended December 31, 2024 (state admin portal). Read the statement (PDF).
- Sum checks: the primary-government walk ($11,669,616 + $14,513,663 − $13,458,035) equals $12,725,244 and ($12,725,244 + $416,812) equals $13,142,056; the reporting-entity walk equals the same totals; the cash composition ($18,019,981 + $2,750,000 + $750 = $20,770,731; $20,770,731 − $7,320,869 − $307,806) equals $13,142,056; the General Fund walk equals $1,892,247 and $1,981,302 with encumbrances. All verified by addition.
- Dated basis disclosed: all figures are FY2024 actuals. No FY2025 Smith County audit was located; this page does not present 2024 figures as current.
- File label disclosed: the state-portal file title includes “(In Process)”. Figures are taken from that file as posted.
- County palette: no verified Smith County palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a county color.