County clerk projects surplus
Friday July 20, 2012 | By:Chris Jacobs |
A bright spot amidst the gloomy budget report Erie County Executive Mark Poloncarz delivered this week was Erie County Clerk Chris Jacobs’ estimation that he will generate in excess of $2 million in local tax and fee revenue beyond his registrar division’s budget target.
“[The registrars division] budgeted $5.9 million in recording fees for the 2012 year. At the end of June, we have already recorded $4.9 million in revenue. A conservative estimate of the remaining six months puts us over $8 million in recording fees when we close-the-books on 2012,” Jacobs said.
According to the county executive and the May Budget Monitoring Report, the county had a $6.7 million positive variance, at the end of five months. At that point, the clerk’s office was responsible for 18.8 percent of that variance and revenues continue to exceed budgeted figures.
“These additional revenues are not kept by my office, but go back to the county general fund, to support the critical services the county provides to our citizens,” Jacobs said.
The county clerk credited this surplus to resolving the paperwork backlog crisis he inherited, which resulted in the depositing of several million dollars in uncashed checks, combined with robust real estate activity in Western New York, this year.
More stories
Mills for rebuilding roads
The following column was submitted by Erie County Legislator John Mills:During...
Motorcycle awareness month
The following guest column was submitted by Erie County Clerk Chris Jacobs.This...
May is Motorcycle Awareness Month
NEW YORK — The New York State Police has reminded the public to use heightened...
ADD A COMMENTBe the first to Comment
