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Finance director reports 40% of property taxes collected so far in FY 2026
Summary
Director of Finance Amy DiU presented a cash-basis quarterly revenue and expenditure summary showing about 40% of general property taxes collected to date, roughly half of sales/utility/transient occupancy taxes collected, state revenues meeting expectations and federal reimbursements delayed by FEMA SAFER grant timing.
Amy DiU, Shenandoah County’s Director of Finance, presented the Board with a year-to-date, cash-basis summary of revenues and expenditures on March 10.
DiU said roughly "40% of general property taxes have been collected to date" and that about half of sales tax, utility tax and transient occupancy tax revenues have been received. She explained federal revenues were lower due to the FEMA SAFER grant being reimbursed after requests are submitted and noted several large capital projects have not yet incurred expenses; Finance staff perform month-end deep dives on expenditures.
Vice Chairman Dennis Morris asked whether miscellaneous revenue assumptions should be reflected in the proposed budget and County Administrator Evan Vass said that anticipated grants are typically built into revenues when expected. The presentation did not prompt formal action at the meeting.
