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County auditor reports October interim results: modest revenue gains offset timing shifts in property taxes

El Paso County Commissioners Court · December 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County Auditor Michael Osterwitz presented an October 2025 interim financial report showing approximately $4.6 million in general fund revenue for October, a year‑to‑date decrease in property tax timing, and projected FY25 revenues of about $404.9 million; commissioners were told final close is expected by March and that GASB requirements are affecting timing.

County Auditor Michael Osterwitz presented the interim financial report for October 2025 on Dec. 15, saying the general fund collected roughly $4.6 million for the month and that year‑to‑date property‑tax collections showed a decrease of about $1.6–1.8 million compared with the prior fiscal year because of timing differences introduced by legislative changes and revenue…

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