Administrator’s Report for June 20, 2023
FINANCIAL REPORT BUDGET: The 2023 to 2024 Budget is set for adoption tonight. This Budget is balanced without use of reserves; is about $95,000 less than last year; establishes a defined benefit retirement plan; and, includes a 3% COLA. CASH AND INVESTMENT REPORT: This report is in your material tonight. In comparison to the same report last year, the general fund balance is up $2.9 million dollars. However, sometimes this may be...
Admin Report for June 6, 2023
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated May 31, 2023 reflect collections reported for April. For that period, SPLOST collections were $1,158,491.68 which is a $74,356.10 (7.67%) decrease over the same period last year. LOST collections were $711,920.22 which is a $69,091.24 (11.25%) decrease over the same period last year. Also, we are drafting proposed resolutions for the 2024 SPLOST...
Administrator’s Report for May 16, 2023
FINANCIAL REPORT CASH AND INVESTMENT REPORT: This report is in your material and available for review. BUDGET: The BOC, Administrator and Finance Director held a Budget work session today at 4 p.m. The recommended Budget will be presented to the BOC tonight. In addition, the recommended budget will be available to the public tomorrow on the county website and a physical copy will be available for inspection in the County Offices at...
Administrator’s Report for May 2, 2023
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated April 30, 2023 reflect collections reported for March. For that period, SPLOST collections were $1,251,982.47 which is a $102,879.29 (10.4%) increase over the same period last year. LOST collections were $752,887.51 which is a $25,185.70 (4.02%) increase over the same period last year. BUDGET: Budget planning continues including a budget workshop...
Admin Report for April 18, 2023
FINANCIAL REPORT SPLOST 2024: Gordon County hosted a joint meeting of the cities and county on Tuesday, April 11. The meeting was required by law and was helpful for a discussion of timelines, anticipated revenue collections, projects under consideration and opportunities for joint county and city projects. BUDGET: The Finance Director and I held 24 budget meetings over the last couple of weeks with departments and elected...
Admin Report for April 4, 2023
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated March 30, 2023 reflect collections reported for February. For that period, SPLOST collections were $1,022,793.39 which is a $33,695.79 (4.17%) decrease over the same period last year. LOST collections were $622,012.4o which is a $47,296.63 (9.24%) decrease over the same period last year. This drop in collections means that revenue from sales tax...
