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Carroll County finance director reports $58.46 million in revenue through Dec. 31; collections in line with budget
Summary
Finance Director Alicia Searcy told commissioners the county has collected $58,456,013 through Dec. 31, at 68.4% of budgeted revenues and expenditures (excluding capital) at about 50.1%. She summarized recent capital spending and noted the general fund cash balance was $58,218,898, roughly $2.6 million below last year.
Finance Director Alicia Searcy presented the county's December 31 financial report at the Jan. 29 work session, saying total revenue collected to date was $58,456,013.
"At the December, we had total revenue collected of $58,456,013," Searcy said. She summarized year-over-year variances by line item: general property tax receipts about 3% ahead of last year; local option sales tax up about 6%; insurance premium tax about 12% higher; local energy tax…
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