Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Revenue Projection topic
No spam. Unsubscribe anytime.
County projects 4.5% rise in Ad Valorem revenue, totaling nearly $34 million
Summary
At the May 20 meeting the Budget Board noted the Estimate of Revenues is pending, with a current projection of a 4.5% increase in Ad Valorem revenue that would amount to nearly $34 million for FY2025/2026.
The Cleveland County minutes note that the Estimate of Revenues was still pending at the May 20 meeting, but that current projections show a 4.5% increase in Ad Valorem revenue, amounting to nearly $34 million.
County officials said the County Clerk will finalize the General Fund balance to be carried forward and incorporate that figure into the budget; that figure is expected to be available by next week and will affect final revenue totals prior to publication and the public hearing.
