During 2024, Jefferson experienced the following transactions: 1. The budget was passed by the County Commission, providing estimated revenues of $286,500 and appropriations of $235,000, and estimated other financing uses of $40,000. 2. Encumbrances totaling $4,800 outstanding at December 31, 2023, were re-established. 3. The Deferred Inflows-Property Taxes at December 31, 2023, is recognized as revenue in the current period. 4. Property taxes in the amount of $290,000 were levied by the County. It is estimated 0.5 percent (1/2 of 1 percent) will be uncollectible. 5. Property tax collections totaled $263,400. Accounts totaling $1,850 were written off as uncollectible. 6. Encumbrances were issued for supplies in the amount of $37,100. Page 116 7. Supplies in the amount of $40,500 were received. Jefferson County records supplies as an asset when acquired. The related encumbrances for these items totaled $41,000 and included the $4,800 encumbered last year. The County paid $38,100 on accounts payable during the year. 8. The County contracted to have alarm systems (capital assets) installed in the administration building at a cost of $45,700. The systems were installed, and the amount was paid. 9. Paid wages totaling $135,900, including the amount payable at the end of 2023. (These were for general government operations.) 10. Paid other general government operating items of $7,600.