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Finance director reports midyear projections: business personal property and sales tax tracking ahead of budget
Summary
Washington County Finance Director presented midyear revenue projections indicating personal property and business personal property are on track or ahead of budget; sales tax and public service corporation tax projections were included and staff cautioned projections could change depending on next six months of collections.
Finance Director Ms. Sturgill briefed the Washington County Board of Supervisors on Feb. 25 on midyear revenue drivers and projections for the current fiscal year.
Sturgill said she would not project real-estate revenue at this time because reassessment activity complicates estimates; instead she focused on four major revenue drivers. For personal property tax the county budgeted…
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