Jackson County will likely show a “loss” of nearly $1 million for last year, according to auditor Beth Grimes.
The Jackson County Board of Commissioners discussed its finances as part of an all-day retreat held last week.
Grimes, of the auditing firm Bates, Carter & Co in Gainesville, told the BOC that the county will likely show a deficit of $916,000. Of that, some $200,000 is being written off out of the EMS billing fund. The county budget had forecast a deficit of $1.267 million.
“Customers out there owe EMS bills that haven’t been paid,” Grimes said.
In addition, county revenues were under budget by $462,000, mainly due to less in property tax income.
“A new millage rate was implemented in 2014, but revenue will show up in 2015,” Grimes said. “2014 was a hard year because the millage rate increase was not coming in yet.”
For the full story, see the July 1 issue of The Jackson Herald.