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County reports revenues above budget; officials flag online sales-tax changes, building-permit fees, CoreCivic passthrough and ARPA balance
Summary
Committee members reviewed monthly financial statements showing county revenues above budget and discussed revenue drivers — a change in online sales-tax allocation, higher building-permit fees effective in May, passthrough payments related to CoreCivic, questions about matured CDs, and remaining ARPA funds.
County financial statements presented at the July Budget and Finance Committee meeting showed revenues running above budget in several major categories while expenditures lagged projected spending in many departments.
The committee chair summarized the financials: county revenues overall were reported at about 104% of budgeted expectations for the reviewed period, while expenditures were around 88.3% in the same comparison. The chair said revenues that the county has come to rely on include an online-sales tax allocation change (enacted in 2020 and producing receipts beginning in 2021) that directs tax on certain…
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