Admin Report for November 17, 2020
FINANCIAL REPORT FINANCE DIRECTOR: Gordon County Finance Director Al Leonard is retiring at the end of this month. Al came to work for Gordon County in 2005. He has received an award for excellence in Government Financial Reporting every year he has worked for the Gordon County. Mr. Leonard’s financial records have always exceeded the minimum requirements of reporting. Because of his detailed budget work and annual audits, the...
Admin Report for November 3, 2020
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated October 31, 2020 reflect collections reported for September 2020. For that period, SPLOST collections were $795,297.85 which is a $10,282.27 (1.31%) increase over the same period last year. LOST collections were $504.068.35 which is a $5,699.50 (1.14%) increase over the same period last year. REVENUE AND EXPENDITURE REPORT FOR YEAR ENDED JUNE 30,...
Admin Report for October 20, 2020
FINANCIAL REPORT TAX DIGEST: The State Department of Revenue approved the tax digest on September 16. The bills were mailed last week. CORONAVIRUS RELIEF FUND: Governor Kemp has decided there will not be a further distribution of COVID relief funds to the counties and cities of Georgia. SIGNIFICANT PROJECTS AND ACTIVITY COVID-19: The Covid-19 task force met this morning. Positive case numbers have increased. The county had 240 new...
Admin Report for October 6, 2020
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated September 30, 2020 reflect collections reported for August 2020 plus a onetime deposit from the State of Georgia due to a statewide adjustment based on audit findings. For that period, SPLOST collections were $1,319,671.18 which is a $530,553.23 (67.23%) increase over the same period last year. LOST collections were $867,543.93 which is a $366,402.95...
Admin Report for September 15, 2020
FINANCIAL REPORT CASH AND INVESTMENT REPORT: The Cash and Investment Report dated September 11, 2020 is in your material for your review. TAX DIGEST: The Board of Commissioners is scheduled to set the millage rate at this meeting. The new millage rate should reflect a rollback to 9.5970 from 9.6310 last year. The State of Georgia will receive the Digest submission for approval tomorrow. CORONAVIRUS RELIEF FUND: Gordon County has...
Admin Report for August 18, 2020
FINANCIAL REPORT TAX DIGEST: We continue to review the information necessary to submit the digest and set the millage rate. As I reported two weeks ago, projected net revenue is down about $680,000. The current millage rate is 9.631. It appears the new millage rate could reflect a slight rollback to 9.597. These numbers are estimates only and may be subject to change. COVID RELIEF FUND: The Board of Commissioners approved the...