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Staff: county operating around 83% of budget; March sales tax receipts just over $3.2 million
Summary
Miss Reese reported the year-to-date budget for the month ended April 30 shows county operations around 83% of budget and that March sales tax receipts totaled just over $3.2 million; annualized collections are flat compared with last year, with one-month swings attributed to the post-storm normalization after 'Helen.'
During staff reports, Miss Reese presented the year-to-date budget report for the month ended April 30 and stated the county should be operating around 83% of its budget at this time and that all funds are operating as expected.
She then presented the sales tax report for March, saying the county received "just over $3.2 million" in March and that annualized collections were essentially flat. Revenues were approximately 15% greater than the previous month but slightly down from March of the prior year; Miss Reese noted the county does not know the definitive reason but suggested the post-storm (Helen) high months may have normalized.
Finally, she presented a March investment summary for committee information. There were no questions recorded from committee members on these reports, and no public comments were offered before adjournment.
