Laserfiche WebLink
040 <br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. VI. A. <br />XX Information <br />Meeting Date: December 21, 2015 _ Action Item <br />Consent Agenda <br />SUBJECT: Monthly Financial Report for November 2015 <br />DEPARTMENT: Finance <br />CONTACT PERSON: Lisa G. Minter, Assistant County Manager/Finance Director <br />REQUEST: N/A — Information Only <br />SUMMARY: Attached is the Monthly Financial Report for November 2015. <br />Please remember that sales tax revenues run three months behind. <br />Through November 2015, 43.44% of the budgeted ad valorem tax <br />revenue has been collected. In reviewing expenditures, the <br />percentage used target is 41.67%. A few departments are <br />exceeding the target as of the end of November. Governing Body <br />is exceeding due to dues paid to NCACC and Triangle J. Finance <br />is exceeding due to the audit fees. Strategic Services is <br />exceeding due to maintenance costs. IT is exceeding due to <br />maintenance contracts and completion of projects. The Sheriff's <br />Department and Senior Services — Transportation are over due <br />to the purchase of vehicles. <br />BUDGET IMPACT: N/A <br />ATTACHMENT(S): 1) Monthly Financial Report for the Month Ended November 30, <br />2015 <br />2) Monthly Sales Tax Analysis <br />3) Lee County Historical Sales Tax Analysis, <br />4) County -wide Historical Sales Tax Analysis <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Information Only <br />