April 13, 2010

Greene County Saw Less Green in 2009

From today’s SBJ (emphasis is mine):

Greene County released its fiscal 2009 financial statement, and total revenues for the year came up about 9 percent shy of what was expected.

According to the statement, released April 1, the county’s total general revenue of $34.3 million was 96.8 percent – or $1.2 million short – of the $35.4 million projected for the year ending Dec. 31. Only licenses and fees performed better than projected, earning $754,173 and $8,994,121, respectively, for the general revenue fund. Taxes for that fund were $465,467 less than the estimated revenue of $17 million.

Slightly more than $391,000 in general revenue fund taxes has yet to be collected, the report said.

Total revenues for all funds came in at approximately $97 million, down $9.6 million from projected revenues of $106 million.

The county ended the year with a cash balance of $29.9 million, compared to a Jan. 1 balance of $27.2 million.

The report is released on an annual basis after an examination by the Greene County auditor.

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