The Island Guardian
Locally Owned & Operated
- islandguardian.com -
(360) 378-8243 - 305 Blair Avenue, Friday Harbor, WA 98250
The Island Guardian is a member of the Society of Professional Journalists
xx Home | News | Business | Environment | Lifestyles | Entertainment | Columnists | Archives | Classifieds | Nag
News
Current news
Government News
Political News
Service Organizations
Editorials
Obituaries
Guest Editorials
Business
Business
Real Estate
Environment
Environment
Weekly Nag
Weekly Nag
Letters to Editor
Letters to Editor
To Contact the Editor

Home » Archives » May 2010 » County Finances Steady

[Previous entry: "Jerald Alan Spendiff"] [Next entry: "Colton Harris-Moore On The Move?"]

05/15/2010: "County Finances Steady"


PRESS RELEASE - In her Quarterly Financial Report to the County Council, San Juan County Auditor Milene Henley described 2010 as a “hold steady and hope for the best year” and, she said, in the first quarter of the year the County’s finances do appear to be holding steady.

She reported that from revenue property tax and sales taxes is about what was expected at this point in the year and revenue from building permits is up, though the increase appears to be due to higher fees rather than increased demand for permits.

Taxes on the sale of real estate (“REET”) seemed to bottom out in February and were higher in both March and April, but year-to-date REET revenue is still lower than in the first quarter of 2009. Henley emphasized that it is too early to draw any conclusions about trends for the rest of the budget year.

When last year’s budget was adopted, Henley said, the Council and administration were aware that some anticipated costs " such as needed transfers to the County’s insurance reserve, unemployment claims, equipment expenses, and funds to comply with the Council’s directive to increase the budget’s cash reserve " had not been included in the budget.

County departments have been asked to reduce expenses across the board by 2% in order to cover those costs and Henley reported that all but $5,515 of the $260,722 in cuts have been identified. Voluntary employee furloughs account for more than one-third of the cost reductions.

Slides from the Auditor’s presentation, showing comparative year-to-year revenue and expenditure information, and other budget detail are available in “pdf” format at: http://sanjuanco.com/Docs/News/2010/1Q10_Fin_Rpt.pdf

Lifestyles
Lifetstyles
Entertainment
Entertainment
Columnists
Tom Bauschke
John Evans
Mary Kalbert
Ron Keeshan
Gordy Petersen
Janice Peterson
Bruce Sallan
Terra Tamai
Amy Wynn
Classifieds
Classifieds
Helpful Links
Helpful Links
RSS Feed

Let the newspaper come to you with Real Simple Syndication

RSS Version


Web design by
The Computer Place

© 2008 The Island Guardian, Inc
All Rights Reserved.


Powered By Greymatter

To learn about this newspaper
or
how to place a free ad
or
to become contributor
click below:
About
The Island Guardian

or email:
publisher@
islandguardian.com