The Fernandina Beach Rotary Club recently welcomed guest speaker John Crawford, Nassau County Clerk of the Courts. Crawford, who has served as the county’s chief financial officer and comptroller since 2005, oversees the management and investment of some $100 million in tax payer funds. Crawford said that while Nassau County’s financial outlook is good for now, if the county continues current fiscal policies, it will be forced to either reduce expenditures or significantly increase tax revenue. He outlined four elements necessary for the county’s fiscal health: Controlling existing debt without incurring new debt; implementing a structurally balanced budget; employing revenue-driven budgeting; and, strengthening safety and spending reserves. Crawford said the county should not pass on its debt to future generations. To avoid doing so, he said we must limit our expenditures to match tax revenue. In closing Crawford, said his financial philosophy as “protector of the public trust” is that the county should get out of debt, stay out of debt and pay as we go.