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Rowan County reports year-to-date revenue gains through February; property and sales tax receipts up
Summary
County finance staff reported cumulative revenues through February of $164 million, an increase from the previous year driven by property tax, sales tax and interest income; cumulative expenditures were reported at about $127 million.
Rowan County finance staff reported the county’s cumulative revenues through February at $164 million and cumulative expenditures at about $127 million during the March 17 meeting.
The presenter, identified in the meeting as Anna, said cumulative revenues were up $11.4 million (7.52%) from the previous year and cumulative expenditures were up about $10.5 million (9%). Anna broke down the revenue changes: current-year…
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