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Board hears Jan. financial update; staff proposes budget amendments to correct codes and recognize surplus sales
Summary
Maury County financial staff reported strong collections and a projected year-end revenue near $38–39 million, described an $8.5 million surplus with about $6 million in open purchase orders, and introduced budget amendments including a corrective amendment tied to a prior food-service grant and recognition of a surplus equipment sale.
Maury County financial staff told the board on Jan. 20 that property-tax receipts and sales-tax trends have the district tracking well for the fiscal year. Jake (financial staff) said property-tax collections were above 50 percent at the time of the report and projected year-end revenues "somewhere in that 38 to 39,000,000 mark." He…
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