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Goochland finance committee hears third-quarter projections showing roughly $8.7M in additional revenue
Summary
County finance staff told the committee third-quarter revenues are about $8.7 million above budget—driven by building-permit activity tied in part to 'Project Rocky' (Amazon) and higher personal-property receipts—producing an expected $8.9 million addition to fund balance.
Miss Dave, a county finance staff member, told the Finance and Audit Committee the county’s third-quarter revenue picture is stronger than expected, driven largely by building-permit activity and personal-property collections. “We’re gonna come out about $8,700,000 higher than we budgeted,” she said, adding that about $4 million of that is from building permits and another roughly $4 million from personal property.
She said interest income remained…
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