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Newton County finance director: March revenues $91.3M; SPLOST collections exceed projections
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Summary
Finance Director Britney White told the board that year-to-date general fund revenues total $91.3 million and that SPLOST 2023 collections are running about $14 million above original projections; enterprise fund balances and active SPLOST projects were reviewed and questions were invited.
Britney White, Newton County finance director, presented the March 2026 financial report to the Board of Commissioners on April 21, saying the county is roughly three quarters of the way through its fiscal year.
"So today, we have brought in $91,300,000 in revenue, so So that puts us right around 84% of our revenues," White said, outlining general fund revenues, expenditures and enterprise fund results.
White reported general fund expenditures to date of $77,500,000 (about 71% of budget), leaving a year-to-date gap in which revenues exceed expenditures by roughly $13,000,000. She said the county expects monthly patterns to shift as the fiscal year continues and noted June is typically the largest month for budget activity.
On SPLOST (special-purpose local-option sales tax) funds, White said the county has three active SPLOSTs. She identified the historic jail as the last project of the 2011 SPLOST and summarized active 2017 and 2023 SPLOST projects, including road and park work. White said 2023 SPLOST collections are about $62,400,000 — approximately $14,000,000 above original projections.
White also summarized enterprise funds (water and solid-waste) and the county's impact-fee balance. One item in the transcript — a line reporting a revenue figure for a named fund as "$9,936" — appears inconsistent with the surrounding totals and was not clarified during the presentation; the transcript does not confirm whether that amount is complete or mis-transcribed.
Commissioners did not ask further questions and moved on to the next agenda item.
Next steps: Finance staff will continue monitoring revenues and expenditures and return with routine financial updates as scheduled.
