At its March 25 meeting, the Putnam County Commission adopted the budget for the fiscal year beginning on July 1, 2021. The budget included General Fund expenditures of $21,232,493. These expenditures are around $700,000 less than the sum which the Commission originally budgeted for the current fiscal year.
The reduced budget was necessitated by a lower than projected property tax collections. County Manager Jeremy Young said that collections were $178,743 below expectations because of reduced inventories resulting from the Covid pandemic. He stated that he expects collections to rebound in the coming year. He reported increases in collections of $25,000 in both property transfer taxes and wine and liquor taxes.