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Cowlitz County treasurer reports steady revenue, flags April property-tax influx
Summary
County treasurer staff reported first-quarter collections and investment-pool performance, noted unclaimed-property receipts and lower early-year tax collections tied to delayed tax statements, and described progress on delinquent personal property accounts.
Kathy Funk Baxter, Cowlitz County finance director, presented first-quarter financial results for the county treasurer’s office on April 8, reporting that revenues are outpacing expenses and that a larger property-tax inflow is expected in April when the first half of taxes are due.
The treasurer’s office is funded from the county general fund but “brings in the majority of our revenue,” Funk Baxter said. She told commissioners that the treasurer’s office was budgeted to collect $21,583,000 in taxes for the county portion this year and had recorded $1,943,000 in collections to date, with a larger payment expected in April when the first half of property taxes are due.
Why it matters: Property taxes are the treasurer’s largest revenue source for the current-expense fund; the county’s portion is only a fraction of the total gross property…
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