Admin Report for October 18, 2022
FINANCIAL REPORT CASH AND INVESTMENT REPORT: This report is in your material for your review. The Finance Director Reports: “Overall, it’s about a $3.5M decrease from August, but we have had a few large expenditures. Our property & liability insurance payment to ACCG was $472k, Paving materials were $673k, the loan payment on the jail to Truist was $538k, we purchased a grade-all for $426k and we had a third payroll in this...
Admin Report for October 4, 2022
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated September 30, 2022 reflect collections reported for August. For that period, SPLOST collections were $1,231,895.32 which is a $237,902.85 (18.03%) increase over the same period last year. LOST collections were $734,937 which is a $104,959 (12.1%) increase over the same period last year. SALES RATIO APPEAL: The Gordon County Tax Assessor’s Office...
Admin Report for September 20, 2022
FINANCIAL REPORT CASH AND INVESTMENTS: This report is in your material for your review TAX DIGEST: Plans are in place for the Tax Commissioner to submit the digest after the County millage rate and tax levy are established by the BOC tonight. SIGNIFICANT PROJECTS AND ACTIVITY CONTINUING EDUCATION: I attended the Institute for County and City attorneys for two days last week to get required continuing education training. Topics...
Admin Report for September 6, 2022
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated July 31, 2022 reflect collections reported for that month. For that period, SPLOST collections were $1,312,673.59 which is a $346,704.44 increase over the same period last year. LOST collections were $831,715.21 which is a $221523.91 increase over the same period last year. TAX DIGEST: We held the first hearing on the millage rate this morning at...
Administrator’s Report for August 16, 2022
FINANCIAL REPORT CASH AND INVESTMENT REPORT: This report is in your material for review. LOST: Gordon County will be submitting a State Mandated LOST certificate this week. This is the LOST distribution the County approved at the last meeting. LOST revenue substantially reduces the taxes Gordon County residents pay on their property. For instance, in the last year, Gordon County has had a millage rate of 9.515 (the lowest in ten...
Admin Report for August 2, 2022
FINANCIAL REPORT SPLOST AND LOST: SPLOST and LOST revenue shown in the report dated July 31, 2022 reflect collections reported for June 2022. For that period, SPLOST collections were $1,249,700.49 which is a $254,931.43 (25.63%) increase over the same period last year. LOST collections were $792,638.08 which is a $162,130.28 (25.71%) increase over the same period last year. SPLOST collections over the last 12 months were up...
