Beaufort County Financial Report

Summary

The report provides an overview of Beaufort County's revenues and expenditures for the period July 1, 2022, to December 31, 2022. The General Fund revenues were $78,673,355, which is 47.39% of the total budget. The expenditures were $81,747,107, which is 49.07% of the total budget. The report highlights variances in revenues and expenditures, including a lag in Ad Valorem taxes, licenses, and permits, and intergovernmental revenues. The Capital Improvements Fund also shows a net surplus of $14,386,695.

Details

Subject

Beaufort County Financial Report

Summary

The report provides an overview of Beaufort County's revenues and expenditures for the period July 1, 2022, to December 31, 2022. The General Fund revenues were $78,673,355, which is 47.39% of the total budget. The expenditures were $81,747,107, which is 49.07% of the total budget. The report highlights variances in revenues and expenditures, including a lag in Ad Valorem taxes, licenses, and permits, and intergovernmental revenues. The Capital Improvements Fund also shows a net surplus of $14,386,695.

Report Date

2022-12-31

Report Type

financial

Report Title

Executive Summary of Revenues and Expenditures

Authoring Body

Beaufort County

Reporting Period

July 1, 2022 - December 31, 2022