The shortfall in revenues is growing and is now $98,190 or 7.6% below the projections of $1,297,731. These numbers compare unfavorably with the January numbers which were $33,188.78 or 4.27% below December/January projected revenue. See discussion of previous report at: http://boonecountywatchdog.blogspot.com/2009/01/income-reports-from-county-government.html Two taxes with the largest difference from projections are Personal Property Replacement which is $21,807 short or 21.67% below projections and the state income tax which is $38,131 short or 14.43% less than projected. The running totals reported this February are shown below. All figures were supplied by the County Administrator, Ken Terrinoni, to the County Finance Subcommittee. Click on the copy to make it larger.
Here are my calculations:
PSB 141778.05 + 144409.66 +136185.88 = 422373.59 -5264.73/422373.59 = -1.24%
CST ¼ 87305.69 + 86368.04 + 82929.99 = 256603.72 -14427.07/256603.72 = –5.62%
Sales 1 % 86644.94 + 92482.07 + 74697.06 = 253824.07 ---18460.87/253824.07 = –7.27%
PerProRep 25695.16 + 74935.62 = 100630.78 -21806.68/100630.78= –21.67%
State Inc 113270.88 + 151027.84 = 264298.72 --38130.75/264298.72 = –14.43%
Total Projections= 422373.59 + 256603.72 + 253824.07 + 100630.78 +264298.72 = 1297730.90
Total Shortfall = –5264.73 + –14427.07 + –18460.87 + -21806.68 + -38130.75 = $98,190.0 98190/1297730= 7.57%
No comments:
Post a Comment