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...
Admin Report for September 1, 2020
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated August 31, 2020 reflect collections reported for July 2020. For that period, SPLOST collections were $832,264.29 which is a $30,018.79 (3.74%) increase over the same period last year. LOST collections were $514,717.27 which is a $5,991.86 (1.18%) increase over the same period last year. TAX DIGEST: Finance Director Al Leonard has prepared the Public...
Admin Report for August 4, 2020
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated July 31, 2020, reflect collections reported for June 2020. For that period, SPLOST collections were $847, 752.66 which is a $76,939.28 (9.98%) increase over the same period last year. LOST collections were $537,252.62 which is a $48,744.28 (9.98%) increase over the same period last year. For the last 12 months, SPLOST was up 7.01%, and LOST was up...
Administrator’s Report for July 7, 2020
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated June 30, 2020 reflect collections reported for May 2020. For that period, SPLOST collections were $819,919.17 which is a $15,440.56 (1.92%) increase over the same period last year. LOST collections were $519,395.71 which is a $9,166.62 (1.80%) increase over the same period last year. C.A.R.E.S. ACT: The County has received a letter from the...
Administrator’s Report for June 16, 2020
FINANCIAL REPORT BUDGET PREPARATION CALENDAR FOR F/Y 2020-2021: The final budget is to be adopted tonight with an effective date of July 1. SIGNIFICANT PROJECTS AND ACTIVITY COVID-19: As of June 16, 2020, Gordon County has 99 “active” cases of COVID-19. (“Active” in this context means a positive test in no more than the past 21 days.) This number is about 9X higher than a couple of weeks ago. There are no identifiable “pockets” of...