DeKalb County ending fiscal year with $150M rainy day fund as CEO leaves office

DEKALB COUNTY, Ga. DeKalb County will close the 2024 fiscal year with a $150 million rainy day fund, a major turnaround from the $27 million deficit the county faced in 2017. The achievement comes as Michael Thurmond, the county’s CEO, counts down his final days in office after eight years of leadership.

Thurmond launched a financial recovery plan upon taking office, and his administration has worked with county leaders to erase the deficit and build up the substantial reserve. As he departs, speculation is growing that Thurmond may run for Georgia governor in 2026.

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