Admin Report for May 4, 2021
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated April 30, 2021 reflect collections reported for March 2020. For that period, SPLOST collections were $988,912.72 which is a $216,496.11 (28.03%) increase over the same period last year. LOST collections were $626,796.95 which is a $134,299.66 (27.27%) increase over the same period last year. AMERICAN RESCUE PLAN ACT OF 2021: On March 11, 2021,...
Admin Report for April 20, 2021
FINANCIAL REPORT REVENUE AND EXPENDITURE REPORT: This report for the 9 month period ending on March 31, 2021 has been provided to you for review. For the first 9 months if this fiscal year, revenue is $33,085,792.95 compared to $29,308,789.25 last year (an increase of $3,523,552). The principal areas of increase were a onetime State LOST adjustment and COVID recovery payment from the State. The expenditures during the first 9 months...
Administrator’s Report for April 13, 2021
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated March 31, 2021 reflect collections reported for February 2020. For that period, SPLOST collections were $807,613.29 which is a $101,158.01 (14.32%) increase over the same period last year. LOST collections were $512,007.80 which is a $64,575.49 (14.43%) increase over the same period last year. AMERICAN RESCUE PLAN ACT OF 2021: On March 11, 2021,...
Admin Report for March 16, 2021
FINANCIAL REPORT AMERICAN RESCUE PLAN ACT OF 2021: On March 11, 2021, President Biden signed the American Rescue Plan Act Of 2021 into law. This is a 1.9 Trillion Dollar spending package. 65.1 Billion Dollars is provided in direct aid to counties. I have read estimates that Gordon County may be entitled to receive several million dollars. We are diligently studying this new law and waiting for guidance from the U.S. Treasury...
Admin Report for February 23, 2021
FINANCIAL REPORT CASH AND INVESTMENT REPORT: This report dated February 12, 2021 is in your material for review. The total cash and investments for this report are $70,126,773 compared to $60,816,418 last month and $61,647,988 last year. Since Jan 15, 2021 the Tax Commissioner’s Office has collected over $10,511,636 in property tax revenue. Remember that property taxes are the largest source of revenue for County Government...
Admin Report for February 2, 2021
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated January 31, 2021 reflect collections reported for December 2020. For that period, SPLOST collections were $979,523.30 which is a $6,429.99 (0.66%) increase over the same period last year. LOST collections were $620,802.64 which is a $4,247.01 (0.69%) increase over the same period last year. REVENUE AND EXPENDITURE BUDGET REPORTS 1ST SIX MONTHS OF F/Y...