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Putnam County clerk forecasts DMV revenue gains, notes land‑record slowdown
Summary
County clerk reported flat departmental spending but warned land‑record revenues have slowed with high interest rates; DMV online transaction revenue and passport services are expected to bolster receipts next year, with a conservative $1.4M estimate for DMV revenue.
Putnam County’s clerk told the Rules committee that revenues tied to land records have softened as refinance activity declined, but DMV revenues have improved after changes to online transaction revenue‑sharing with the state.
The clerk said land records (mortgages, refinances and large land documents) historically drive the office’s revenues…
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