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Cowlitz County finance director summarizes treasurer—ollections, investments and delinquent accounts
Summary
Finance Director Kathy Funk Baxter briefed the commissioners on the treasurer's office first-quarter revenues and expenses, including property tax timing, unclaimed property receipts, the county's investment pool balance and progress reducing delinquent personal property accounts.
Kathy Funk Baxter, Cowlitz County finance director, presented the treasurer's office first-quarter financials, saying the office is funded from the general fund and brings in a majority of the county's revenue.
Baxter said the treasurer's office is budgeted for $21,583,000 in property-tax revenue for the year and has collected $1,943,000 so far as of the first quarter. She noted a large influx of property-tax receipts is expected in April when first-half taxes are due.
"Our treasurer's office is funded by the general fund. So, but they are one of our departments to bring in the majority of our revenue," Baxter said. She described other revenue lines: goods and services budgeted at $217,006.50 (actual $40,778), fines and penalties budgeted at $300,000 (actual $52,250), and miscellaneous budgeted at $2,700,000 (actual $157,000 so far), which includes unclaimed-property…
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