COVID-19 Budget Impact on Scott County
The pandemic will cost Scott County some money, but not as much as some other local governments and school districts. Thursday night, Budget Director David Farmer updated the board of supervisors.
For the fiscal year ending next week, he says Scott County has lost about 1.6 million dollars, with most of it due to the state's decision to postpone property tax payments.
"We do beleve that million dollars is collectible, it just may not be collectible this fiscal year. It may fall to the next fiscal year."
The county will also lose some revenue from a variety of fees, such as for camping and some health department programs, and that money will probably not be made up.
For the fiscal year beginning July 1st, Farmer estimates the general fund will lose about 1.2 million dollars.
"We've talked about supplementing that lost revenue through the one-time use of some fund balances. We had some money dedicated for our capital fund which is how we help maintain our buildings and we're going to keep that in the general fund this year and not make that additional transfer."
But that's not too bad when you consider the possible loss is only about 1.7 per cent of the Scott County budget of 68 million dollars.