Admin Report for June 1, 2021
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated May 31, 2021 reflect collections reported for April 2021. For that period, SPLOST collections were $969,504.34 which is a $216,313.51 (28.72%) increase over the same period last year. LOST collections were $614,388.17 which is a $137,267.45 (28.77%) increase over the same period last year. AMERICAN RESCUE PLAN ACT OF 2021: The review of the Gordon...
Admin Report for May 18, 2021
FINANCIAL REPORT AMERICAN RESCUE PLAN ACT OF 2021: Gordon County has taken the necessary steps and has made application to receive the first round allocation of funds. BUDGET: The Finance Committee presents the recommended Budget to the Board of Commissioners tonight. Copies of the recommended budget will available to the public for inspection tomorrow at the Library, County Clerk’s Office, and online at the County website....
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...