HomeMy WebLinkAboutFund 155 Veterans Relief Fund 155 Veterans Relief
Prepared by the Jefferson County Treasurer 8/6/2025
2021 2022 2023 2024 2025-July
Veterans Relief Property Tax Levy 48,555.27 49,687.65 50,851.51 52,010.58 53,031.99
Amount collected * (48,678.17) (49,653.68) (50,539.50) (51,772.24) (30,905.03)
%collected compared to levy 100.25% 99.93% 99.39% 99.54% 58.28%
*Property tax collections range between 99-100%. This is because some people don't pay in the year they're owed.We
collect some of prior year amounts each year,so using the current year levy amount works well.
2021 2022 2023 2024 2025
Beginning Cash&Investments** 128,797.88 160,750.67 216,360.51 236,677.79
Expense 42,736.51 30,719.38 50,550.12 21,813.90
Revenue (77,084.42) (85,558.82) (66,215.37) (37,778.36)
13th month/new year transactions 2,395.12 (770.40) (4,652.03) 5,422.43
Ending Cash&Investments(2025 YTD) 128,797.88 160,750.67 216,360.51 236,677.79 247,219.82
**I didn't include petty cash in the Cash&Investments,since it's needed for paying veterans before expenditures can be
vouchered through the county. The Petty Cash amount might need to be increased as expenditures go up.
Row Labels 2021 2022 2023 2024 2025-July
Asset 135,297.88 167,250.67 222,860.51 243,177.79 253,719.82
Cash&Investments 128,797.88 160,750.67 216,360.51 236,677.79 247,219.82
Petty Cash 6,500.00 6,500.00 6,500.00 6,500.00 6,500.00
Expense 41,973.33 42,736.51 30,719.38 50,550.12 21,813.90
Investment Income 3.67 125.07
Professional Services 30,259.86 31,649.14 30,719.38 49,755.07 21,813.90
Revenue per levies 795.05
Salaries&Benefits 11,709.80 10,962.30 - - -
Revenue (70,676.08) (77,084.42) (85,558.82) (66,215.37) (37,778.36)
Investment Income (118.16) (2,501.08) (9,151.10) (11,231.53) (5,802.78)
Private Contributions (1,453.00) (2,465.00)
Real& Pers Property Taxes (48,678.17) (49,653.68) (50,539.50) (51,772.24) (30,905.03)
Revenue per levies (2,026.75) (3,511.66) (6,346.22) (3,211.60) (1,070.55)
Transfer In from General Fund (18,400.00) (18,953.00) (19,522.00)
Grand Total 106,595.13 132,902.76 168,021.07 227,512.54 237,755.36
Fund balance has been growing in the last few years,and it's about$120,000 more than in 2021. I'll note a few things I
noticed:
1.Salaries&Benefits are budgeted at$14,660, but they haven't been paid out of this fund since 2022. I'm guessing this
might have to do with when we went to a new payroll system,and it might need to be corrected to pay from this fund
moving forward.
2. I understand the veteran allowable amounts are going up,so expenditures may be more than anticipated this year.
3.mhe general fund transferred in almost$57,000 from 2021-2023.
155 VETERANS RELIEF Budget 2025
FUND DEPARTMENT OBJECT ORI AC(ACCOUNT DESCRIPTION TYPI ROL SUB ORIGINAL REVISED ACTUAL YTD ACTUAL MTD REMAINING %COLL JCT Year end
ESTIM REV ESTIM REV REVENUE REVENUE REVENUE Est
101000 101000 SALARIES&WAGES 11,165 11,165 0.00 0.00 11,165 0.0 11,165.00
200000 200000 PERSONNEL BENEFITS 3,495 3,495 0.00 0.00 3,495 0.0 * 3,495.00
311000 311000 REAL&PERS PROPERTY TA -45,550 -45,550 -30,877.96 -305.98 -14,672 67.8 * (52,500.00)
317000 317000 LEASEHOLD EXCISE TAX(C -300 -300 -136.25 -2.09 -164 45.4 * (2.00)
317100 317100 TIMBER EXCISE TAX(TAV- -2,500 -2,500 -650.43 0.00 -1,850 26.0 * (650.00)
361100 361100 INVESTMENT INTEREST -7,000 -7,000 -5,802.78 -874.87 -1,197 82.9 (10,000.00)
361120 361120 INTEREST ON DNR TIMBER 0 0 -3.15 -0.04 3 100.0 (3.00)
362600 362600 DNR TIMBER LEASES 0 0 -13.26 0.00 13 100.0 (13.00)
395000 395000 TIMBER SALES DNR 0 0 -267.46 0.00 267 100.0 (267.00)
410000 410000 PROFESSIONAL SERVICES 50,000 50,000 21,813.90 2,029.19 28,186 43.6 50,000.00
000 000 Undefined Department 9,310 9,310 -15,937.39 846.21 25,247 -171.2 1,225.00
155 155 VETERANS RELIEF 9,310 9,310 -15,937.39 846.21 25,247 -171.2 1,225.00
Revenue Total -55,350 -55,350 -37,751.29 -1,182.98 -17,599 68.2 (63,435.00)
Expense Total 64,660 64,660 21,813.90 2,029.19 42,846 33.7 64,660.00
Grand Total 9,310 9,310 -15,937.39 846.21 25,247 -171.2 1,225.00