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Horry County finance staff reports October revenues and fund positions; property taxes expected to boost December/January receipts
Summary
Finance staffer Jamie Norman told the committee that through Oct. 31 the county had $88 million in revenues (about 65% from the general fund) and $84.2 million in expenditures; several special-revenue funds showed positive net changes and staff noted property tax receipts typically arrive in December-January.
Miss Jamie Norman, presenting the county s financial score for the month ending Oct. 31, reported total revenues across all funds of $88,000,000 with about 65% attributable to the general fund and total expenditures of $84,200,000 (roughly 29% of the annual budget). "We would expect to be around the 33 percent mark," Norman said, noting that property tax…
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