Chris Caldwell |
And, once again Knox County's top bean
counter, Casual Chris Caldwell, held court with county commissioners
today during their monthly luncheon to go over the finances for the
first six months of the current fiscal year.
As usual, he threw out a lot of mumbo
jumbo, voodoo and whatnot, detailing where, when and why we do or do
not have money. And, yes, we do have money. Got a lot of it,
actually, but there's quite a few folks who would have you believe
the county is flat broke.
Anyhoo, Chris noted that general fund
revenues are up about 2 percent right now compared to this time last
year, which translates to about $3.2 million more.
However, spending is up by about $11.1
million. The Casual One says this is because in December he ordered
his minions to post “all of what we know that is going to be
transferred funds,” which is something the office typically does
quarterly. (Really, it makes no difference, so long as it gets done.)
“So, if you look at the percentage,
then we're at 52 percent half way through the year, and you'd like to
be at 50 percent, but that 2 percent is in direct correlation to the
transfers,” he told commissioners, adding that this will balance
out in the coming months.
Chris also noted that the sales tax
coin that flows into the general fund is up by about $169,000 and
hotel/motel taxes are up a whopping $684.
He said wheel taxes are down slightly,
or up slightly or flat. I can't remember. Regardless, it doesn't look
like it's going to have an effect this year, but it's something folks
should know and study.
He opted not to discuss property tax
just to save a few officials from a heart attack (his words, not
mine), since collections really aren't accounted for until the end of
next month. However, he said we should see some growth, although not
a whole heck of a lot.
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