Friday, January 11, 2013
Sullivan Counties General Fund at 5 Million Dollars?
Sullivan County officials say they are focused on the long term health of the county. County finances appear to be improving after receiving property tax revenue and several mortgage companies released tax money that had been collected so the general fund sits at about 5-million. The 2-million dollar loan taken out in November needs to be paid back in February. The Administrative Committee is talking about next year's budget and hopes to have a sample budget for commissioners who may want to discuss cuts. They also need to hire a new budget director. The fiscal year ends June 30th. (bg)