Henderson County commissioners got news Monday that went against the general perception of government: the county was thrifty in spending and efficient in collecting taxes in the budget year that ended on June 30.Check it out.
The result? Revenues exceeded expenses by $7.45 million and the county has socked away a fund balance of $26.8 million, more than a quarter of the total budget....
The unaudited numbers from the year-end financial update showed that county departments across the board came in below budget, in some cases by a point or two and in a few by 25 percent....
On the revenue side, all categories but some special taxes and licenses and restricted intergovernmental came in at 100 percent of projection or better, including current year property taxes at 100.1 percent, past year property collections at 121.4 percent, local option sales tax at 105.4 percent and investment earnings at 226 percent — $621,446 versus a projected $275,000.
Both the county schools and Blue Ridge Community College spent 100 percent of the amount allocated to them....
A place for those interested in the future of Highland Lake and its surrounding communities in Flat Rock, North Carolina
Wednesday, October 10, 2012
Henderson County thrifty in spending, ahead in revenue
I thought this report in the Hendersonville Lightning had very clear information on the Henderson County budget. I'm not very good with numbers, but this write-up was basic enough for even me to understand:
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