PI County Finances Stable in September
Mon, 20 Nov 2017 06:03:53 EST
Presque Isle County Commissioners learned that so far, their budget is stable through September.
Treasurer Bridget LaLonde said September tax collections totaled over a million dollars ($1,078,072.55), and over 2-million for the year ($2,026,834.08).
September revenue totaled 1-point 8 million ($1,188,071.58), with over 2-point 3 million ($2,303,498.47) collected for the budget year.
Expenses were 3-hundred 88 thousand ($388,384.91) for the month and over 1-point 3 million ($1,358,651.67) for the year.
The general fund balance sheet saw a change in fund equity by over 9-hundred thousand ($944,846.80) dollars, checking had over 2-million dollars ($2,033,712.35), and there was over 12 hundred dollars ($1,248.16) in savings.
LaLonde noted that the bulk of tax collections are in August, September and October, as payments are due without interest by September 14th.