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TAX COLLECTIONS AND INVESTMENTS COMPARISON

 

TAXES COLLECTED FOR 2007

TAXES COLLECTED FOR 2008

TAXES COLLECTED FOR 2009

 

Investments as of June 8, 2007

Investments as of June 8, 2008

Investments as of May 8, 2009

January $3,182.36 $1,192.87 $902,130.29 $6,250,000.00 $7,250,000.00 $6,000,000.00
February $848,450.25 $840,915.67 $1,110,530.08 Investment Reports 2008 2009
March $1,839,297.18 $2,035,739.31 $1,660,671.94  
April $4,497,426.14 $5,696,448.69 $6,907,885.39 Total Taxable Parcels Mailed
May $5,535,848.85 $5,049,654,18 $3,498,313.10 2007 2008 2009
June $1,466,365.63 $995,218.20 $869,393.98 51,753 51,996 52,640
July $458,485.14 $412,491.68 $233,162.13  
August $168,554.25 $129,617.10

$109,846.75

Total Parcels 2008 2009
September $125,784.87 $127,561.43

$99,511.11

October $198,266.09 $161,795.75 $97,411.07 Parcels Mailed 51,996 52,640
November $175,019.00 $131,250.59 $261,480.74 Parcels Paid 45,919 46,008
December $1,097,742.55 $1,028,739.50 $794,783.48 -------------- -------------- --------------

TOTALS

$16,414,412.31 $16,610,624.97 $16,545,120.06 Unpaid Parcels 6,077 6,632

2009 TAX & REVENUE ANTICIPATION NOTE (TRAN)

PRINCIPLE BORROWED @ 3.5% INTEREST: $2,000,000.00
PAYMENT MADE FROM MATURED CD: $2,038,277.50
BALANCE DUE: $0
AMOUNT OF UNCOLLECTABLE TAXES TO TAX CLAIMS $1,755,271.56

2009 COUNTY TAX COLLECTION RATE - 90%

2009 TAX ANTICIPATION PAYOFF

     It is with much enthusiasm, and with the cooperation of the Lawrence County Controller’s Office and the Lawrence County Commissioners, that the Lawrence County Treasurer’s Office is announcing the County of Lawrence has paid off its 2009 Tax Anticipation Note over 4 months in advance.  The Tax Anticipation Note is a short-termed debt security issued in anticipation of future tax collections.  Through the aggressive approach to processing tax payments and with the diligence we have shown in the short-term investing, we have successfully accomplished this goal.  By paying this note off early on August 31, 2009, the County was able to save approximately $31,625.53.  The usual pay-off date is December 31st.

   

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