UPDATE: House passes bill to revamp Kentucky s tax code wtvq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtvq.com Daily Mail and Mail on Sunday newspapers.
Bill would let council have more input in projections
February 5, 2021 | 10:54 am
February 5, 2021
Logo from Montgomery County
To improve financial forecasts, the Montgomery County Council might create a panel of county employees to review and predict revenues every quarter.
The council on Tuesday introduced a bill to create the Revenue Estimating Group. It would include employees from the departments and offices of finance, management and budget, legislative oversight and the chief administrative officer, as well as council central staff.
A quarterly report on revenue projections would go to the county executive and council, to help improve budget decisions.
Council Member Andrew Friedson, who spearheaded the legislation, said the group would be similar to the Consensus Revenue Monitoring and Forecasting Group that provides revenue projections for the state.