Financial Update
Sales tax collections came in at $1,471,897 against a budgeted number of $1,484,920 for a negative variance of $13,023 for the month. This is the second negative monthly variance in this budget. Year-to-date, we are $162,664 above budget projections.
EMS collections for the month were $390,924 with year-to-date collections of $2,416,765 which is $149,904 below budget. That is an improvement of around $50,000 from last month.
Property tax collections are at 67.12% of the budget compared to 67.53% last year.
Hotel/Motel Tax collections are at $719,647 compared to $658,636 at the same point last year. The annual budgeted amount is $1,163,326 which was the actual amount collected last year. That means we are at 61.8% of the budget this year compared to 81.4% last year (compared to a lower budgeted number).
Prisoner Boarding collections are at $206,886 against a reduced budget of $423,925 which is 48.8% of the annual budget.
