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Gloucester County CFO: third‑quarter unaudited finances show steady property tax receipts, mixed revenue picture
Summary
Chief Financial Officer Ria Calloway presented an unaudited third‑quarter FY‑25 update showing $48.1 million of $83.2 million in general fund revenue to date, vacancy savings, and an expected $1.1 million favorable variance in property taxes.
Ria Calloway, Gloucester County chief financial officer, presented the county’s unaudited third‑quarter fiscal year 2025 financial update and told the Board of Supervisors that the county has received about $48.1 million of its $83.2 million general fund revenue budget (roughly 58%) through three quarters of the fiscal year.
Calloway explained that revenue timing skews the quarter figures — for example, approximately half of general property tax receipts are collected in June —…
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