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Mercer County financial report: nearly $10 million in local taxes collected, ending balance about 23%
5956190 · October 14, 2025
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Summary
The district reported nearly $10 million in local tax collections (7.9% growth year‑over‑year), increased interest earnings and a current ending fund balance of about 23%. The tentative budget will be presented at the next board meeting.
District finance staff told the board local tax collections are nearly $10,000,000 for the fiscal year, interest earnings have substantially exceeded budgeted estimates and the district’s ending general‑fund balance stands at roughly 23% of the budget, officials said.
The presenter reported a 7.9% increase in local tax collections…
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