Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Wasco County finance director reports revenues pacing ahead, investment earnings up
Summary
Finance Director Mike Middleton reported that general fund revenues are pacing at 88.5% of budget through April 2026, property tax collections at 95.7%, and $2.3 million in investment earnings; most departments are within budget while some project and grant variances were noted.
Finance Director Mike Middleton presented the county’s financial results through April 2026. He reported general fund revenues at 88.5% of budget ten months into the fiscal year, exceeding the straight-line benchmark of 83.3%, led by property tax collections at 95.7% and $2.3 million in year-to-date investment earnings (111% of target). Middleton said operational personnel costs track at 81.5% once a one-time $2.4 million PERS site account transfer is excluded and that most departments remain within legal budgetary control.
Middleton flagged project variances including Specialty Courts at 50% due to a biennial grant budgeting error and noted the $3.5 million Rowena Debris Cleanup project remains on track to finish before the fiscal year end. The board accepted the report and approved the consent agenda items referenced in the meeting packet.
