April Financial Update- Cumberland County Commission Meeting

Sales tax collections came in at $1,156,878 against a budgeted number of $1,099,224 for a positive variance of $57,654 for the month.  Year-to-date, we are $220,317 above budget projections.

EMS collections for the month were $386,739 against a monthly budgeted amount of $366,667 for a positive monthly variance of $20,072.  Year-to-date collections are $3,217,420 which is $82,583 below budget, but the gap is closing.

Property tax collections are at 99.3% of the budget compared to 99.2% last year.

Hotel/Motel Tax collections are at $856,922 compared to $789,373 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 73.66% of the budget this year compared to 97.6% last year (compared to a lower budgeted number).

Prisoner Boarding collections are at $243,868 against a reduced budget of $423,925 which is 57.53% of the annual budget.