PI County Finances Stable in October
Fri, 01 Dec 2017 15:34:13 EST
Presque Isle County Commissioners learned their budget was stable through October.
Treasurer Bridget LaLonde said tax collections totaled over a million dollars ($1,352,836.77), and over 3-point 3 million for the year ($3,379,552.85).
October revenue totaled 1-point 4 million ($1,459,184.49), with over 3-point 7 million ($3,762,682.96) collected for the budget year.
Expenses were over 4-hundred 12 thousand ($412,234.45) for the month and over 1-point 7 million ($1,770,886.12) for the year.
The general fund balance sheet saw a change in fund equity by nearly 2-million dollars ($1,991,796.56), checking had over 3-million dollars ($3,093,667.51), and there was over 12 hundred ($1,248.16) in savings.
LaLonde noted that comparing to last year, other than some special adjustments to the budget, numbers were on target, saying "As a whole, we're very similar across the board to where we were within our budget last year."