Rossville, GA – Walker County Sole Commissioner Shannon Whitfield provided an update on the road to financial recovery at the latest Walker County Chamber of Commerce meeting.
Whitfield discussed the 270 day turnaround in cash flow and how the county was able to operate longer in 2018 without a Tax Anticipation Note (TAN) compared to last year.
In January 2017, Walker County faced an $8 million shortfall in operating expenses for the year. The county addressed the financial crisis through a series of moves to cut expenses, improve efficiencies and using $7.5 million of an $8 million line of credit, which was paid off early on December 22, 2017. This year, TAN’s are $2 million less than the amount authorized last year.
Whitfield also revealed a number of other accomplishments, including a $12,000 profit at the Walker County Landfill following years of six-figure losses, a significant reduction in the number of animals euthanized at the Walker County Animal Shelter and plans for road improvements in the near future.