County finances on track 7 months into fiscal year
Alpena County’s finances are on track through the first seven months of the fiscal year.
Treasurer Joelyn McCallum told the finance committee Wednesday, that tax revenues are beginning to come in and revenues are finally beginning to grow.
Because of when property taxes are collected, the county is forced to lean heavy on its general fund balance for at least the first six months of the year.
Through the end of July, county revenues and expenses should be at about 58 percent of budget. Revenues were at 45 percent and expenses at nearly 56 percent.
McCallum is confident the county’s revenues will catch up to budget by the end of August or September. She does not currently foresee any major problems with the budget.

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