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Treasurer: nearly $12 million in property tax collected so far, general fund cash near $1M
Summary
Cowlitz County treasurer reported collecting $11.9 million of a $22.1 million property-tax budget and detailed activity across treasurer operating, O&M and investment funds, noting foreclosure fees are recognized as incurred and that current general cash is just under $1 million.
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Deborah, the county treasurer, told the board the county has collected $11,900,000—"almost 12,000,000"—of the $22,100,000 property-tax budget, and that front-loaded collections in the first half of the year are typical.
She reviewed other revenue lines (licenses and permits, intergovernmental receipts, fines and penalties) and said miscellaneous revenue includes interest earnings allocated across the general fund and cash-flow accounts. On foreclosures she explained fees are added as staff orders title reports and advertises the sale, and noted a December sale date for the properties now in the process. Cash balances include a general-fund balance just under $1,000,000 and a treasurer investment fund with about $31,000 on hand.
On expenses, Deborah said personnel and services spending vary by fund and described how some personnel costs were shifted from transfers into direct processing in the investment fund in the current year. She closed by asking if there were further questions; commissioners pressed on how foreclosure revenues and fees are recognized and were told the county recognizes fees as they are incurred rather than waiting for a sale.

