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Treasurer reports county on track; sales tax strong and PPRT receipts vary month to month
Summary
Lee County Treasurer Reed told the finance committee the general fund is roughly on target for the quarter, sales-tax receipts are coming in strong, PPRT distributions show volatile monthly swings, and one large liability-insurance payment is expected in the coming months.
The Finance Committee received a quarterly report from Treasurer Reed that painted a generally stable fiscal picture but highlighted a few items staff will continue to monitor.
Reed said the general fund is "kind of right on target, maybe running a little hot," noting the county has spent about 26% of appropriated expenditures and expects a large liability-insurance payment of roughly $700,000–$750,000 in the early part…
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