Admin Report for November 7, 2017

Financial Report Year End:  The Year End reports for fiscal year ending June 30, 2016 are in your material for tonight. SPLOST and LOST:  SPLOST collections for October were $698,124.08 which is a $128,951.24 increase (22.66%) over the same period in 2016. The collections for October 2015 were $697,997.61. LOST collections for October were $484,150.21 which is an increase of $89,380.75 (22.64%) over October 2016. The LOST collections...

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Admin Report for October 17, 2017
Oct23

Admin Report for October 17, 2017

Significant Projects and Activity Courthouse Renovation:  We remain on schedule for the completion of bid documents and due dates for bids. The dates remain such that the bid documents will be ready by January 30, 2018 and bids due March 6, 2018. Animal Shelter:  I met with the Architects on Thursday, October 5th to review detailed drawings. A meeting is set tomorrow afternoon with Animal Control and others to review the plans. We are...

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Admin Report for October 3, 2017
Oct04

Admin Report for October 3, 2017

Financial Update SPLOST and LOST:  SPLOST and LOST Collections were up again in September. SPLOST collections were up $40,506.31 over this period last year which is a 6.39% increase. LOST collections were up $28,089.15 over September 2016 which is also a 6.39% increase. This follows 11.9% increases last month. Looking at August and September, collections are up a total $80,348.99 compared to these months last year. Significant...

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Admin Report for September 19, 2017
Sep28

Admin Report for September 19, 2017

Financial Update Millage Rate:  There is a special called meeting for Monday, September 25, 2017 at 6:00 p.m. to set the millage rate. I expect Finance will expect a rollback from 9.853 mils to 9.828 mils. Significant Projects and Activity Courthouse Renovation:  The Architects have provided a preliminary schedule for the completion of bid documents and due dates for bids. For the Courthouse renovations and judicial building...

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Admin Report for September 5, 2017
Sep06

Admin Report for September 5, 2017

Financial Update SPLOST/LOST:  Collections for August 2017 were substantially higher than August 2016. LOST revenue collected for August 2017 was $491,600.43 and SPLOST $708,863.01. These were increases in revenue of $52,259.84 (11.9%) and $75,329.23 (11.89%) respectively. Millage Rate:  There is a special called meeting for Tuesday, September 12, 2017 at 5:30 p.m. to set the millage rate. I expect Finance will expect a rollback from...

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Admin Report for August 15, 2017
Aug18

Admin Report for August 15, 2017

Financial Update Preliminary Digest: The total gross digest is down principally due to losses in industrial FF&E and inventory. The Digest shows an increase in real estate values. As a result, there is a gross negative digest with a rollback due to real estate values. This is the first time Gordon County has shown negative growth in the last five years. Millage Rate: Last year the millage rate was 9.853. Finance has calculated the...

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