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...
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...