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Treasurer reports $26.8 million in bank balances, sales tax receipts up for October
Summary
Treasurer Karen reported end‑of‑October balances of $26,754,843.32 and October sales tax receipts of $279,003.62; staff said migration to a new tax reporting system is still in progress and they will provide updated delinquent tax figures next meeting.
Treasurer Karen told the finance committee that bank balances at the end of October totaled $26,754,843.32 and that receipts for the period were $8,249,854.83. She also cited October sales tax receipts of $279,003.62 and said the county will follow up on delinquent tax reporting after resolving data issues in the new system.
Karen said legal descriptions need updating for some parcels before tax-interim court scheduling and confirmed staff will continue to work with the new Southcore system to produce reliable delinquent/current tax numbers for the committee. Committee members asked follow-up questions about sale-of-parcel handling and the treasurer described typical closing procedures and options for recovering delinquent taxes.
