Monday, July 22, 2013

'Casual' county coin report Part VII

Chris Caldwell
Time for the (almost) monthly casual coin report, brought to you by the county’s top bean counter, Chris Caldwell.

Not a whole lot going on today, but the casual one says the county is still on pace to get $6 million to $8 million in surplus revenues when it closes the book in late August. Not too shabby.

He told the Knox County Commission during its luncheon today that general fund revenues are $8.9 million ahead of where they were this time last year. But, expenses also are up $12.7 million. He said this “has a lot to do with designations from the current year that are” tied to last year.

He said school revenues are up $6.2 million, and so are expenses – to the tune of $38 million.

“I know it seems a little alarming but it has to do with designations and the timing of revenue,” Caldwell told the board. “It’s not a big concern. I think it will play itself out.”

OK then.

No comments: