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Delinquent notices have been mailed and public advertisements of <br />delinquencies are scheduled for print in newspapers this month. <br />Garnishment of wages will begin soon. <br />ii) Motor Vehicle Property Taxes -Motor vehicle property tax collections to- <br />date are on target for the current fiscal year. As economic conditions have <br />worsened, many people are trading larger more expensive vehicles, for smaller <br />less expensive ones. Conversely, we expect that the recent federal tax credit <br />for purchasing a new car will have a positive effect on the FY 2010-11 budget. <br />Staff continues to closely monitor these numbers monthly and will provide <br />additional information to the Board as it becomes available. <br />iii) Sales Taxes - To date, the County has received four months of sales tax <br />receipts for the current year -July through October 2009. Out of a $16.8 <br />million budget, the County has received $6.1 million. Sales tax receipts <br />anticipated in February and March 2010 will reflect holiday sales activity. <br />Additionally in March 2010, we expect to receive $2.6 million in Hold <br />Harmless Funds due to the Medicaid Relief/Sales Tax Swap. <br />iv) Land Transfer/Construction Related Revenues -These revenues include <br />Register of Deeds fees and Planning/Inspections/Environmental Health permit <br />revenues. Revenues in the area of inspections/new construction continue to <br />reflect the slow housing market. <br />b) Expenditures -Overall expenditures are on target at this point in the current <br />fiscal year. Throughout the year, the County Manager has communicated a <br />number of budget directives that have impacted 2009-10 expenditures. The list <br />below outlines current year budget directives and guidance the Manager has <br />issued to date: <br />• Continuing the County's 12-month hiring freeze on vacant positions created <br />by the reti rement i ncentive <br />• Increasing fund balance by 2% of budgeted operating expenditures <br />• Delaying capital expenditures <br />• Eliminating out of state travel and postponing other travel if possible <br />Other counties throughout the State have continued to implement similar <br />budget constraints and tightening measures in reaction to the slow economy <br />and recession. <br />2 <br />