FINANCE DIRECTOR PRESENTS REPORT TO CUMBERLAND COUNTY COMMISSION AT MONTHLY MEETING

Cumberland County Finance Director Nathan Brock presented financial reports for several county funds at tonight’s County Commission meeting.

As of yesterday, sales-tax collection figures stand at $779,663, representing a 1.45 percent increase over the budgeted amount of $768,530. For the first six months of the fiscal year, collections stand at $4,857,401 against a budgeted amount of $9,366,621.

Cumberland County EMS collections stand at $248,882 for January. Fiscal year to date, collections amount to $1,755,266 of a budgeted $4 million. This is $244,732 below the year-to-date budget projections.

Fiscal year to date property-tax collections are at 50.5 percent, down one percentage point from this time last year.

The Hotel/Motel tax figures show a decrease from last year, at $407,995 of a budgeted $885,000. Collections thus far stand at 46.1 percent of budgeted amounts.

Prisoner boarding income for the fiscal year, representing four months of revenue, stands at $210,795 of a budgeted $620,000, or 34 percent. That’s down somewhat from $229,671 of $525,000 budgeted for Fiscal Year 2017-18.



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