November 13 - November 17, 2017
Mike Kovack, Medina County Auditor, today released the following information regarding county finances for the week of November 13, through November 17, 2017:
Overall revenues for the county this week were $4,133,951.32. The largest income source was from for Library Support Fund in the amount of $351,384.85. The Auditor’s Accounting Department issued 668 checks for total expenditures of $1,126,898.11- approved expenditures totaled $784,215.59. No vendor’s licenses were issued. In 2016, the overall revenues for the county this week were $3,745,513.88. The largest income source was from local government in the amount of $326,789.05. The Accounting Department issued 612 checks for total expenditures of $1,813,896.00- approved expenditures totaled $1,327,102.53.
Interested citizens can review individual expenditures on the county weekly expenses docket. Click on “Financial Info” on the footer.
There were 70 residential home sales this week. The average sale price for a home in Medina County this week was $233,739. The total fees collected for transfers were $53,063.40. There were 2 commercial sales this week. The average sale price for the commercial sales were $24,000. The total fees collected for the transfers were $145.00. In 2016 there were 70 residential home sale that week. The average sale price for a home in Medina County this week in 2016 was $220,101. The total fees collected for those transfers were $49,326.90. There were 2 commercial sales that week, the sale price was $72,000. The total fees collected for the transfer was $433.00.
We wish you and your family a very Happy Thanksgiving, safe shopping on Black Friday, and don’t forget to support your favorite small business retailers on Small Business Saturday. Many of the local small businesses are offering black Friday-style discounts. Fun fact: If you spend $100 at a local business, roughly $68 stays in your local economy. If you spend the same are a large business, only about $43 stays in the local economy.