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Posted on: July 27, 2020


FY19_PAFR FINAL 07242020

Our informative, graspable, entertaining, and vital distillation of Pasco County’s finances from the latest complete fiscal year is available nearby. Clerk Nikki Alvarez-Sowles invites you review the illustrated guide to the county’s fiscal health.

Among the high points: 

The Clerk & Comptroller’s management of investments resulted in $33.6 million of investment-related income last year.

Outstanding debt increased by 11.2% from fiscal year 2018 as a result of the citizen-approved referendum related to General Obligation Bonds (approved on the November 6, 2018, ballot).

The County’s net worth grew with a total net position of $2.19 billion, an increase of $159.8 million (7.85%) from 2018.

The growth in new construction helped property tax revenues increase 8.2%, to $243.2 million, in fiscal year 2019, allowing Pasco County to address initiatives in its Strategic Plan.

There’s plenty more fascinating financial stuff where these came from. Give Common Cent$ a good and thorough browse; keep coming back for refreshers.

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