WALTHALL - Webster County will not have a tax increase to fund government operations in its upcoming budget year. However, property tax revenue will still increase because of reassessment.
Supervisors adopted the spending plan and tax levy for the 2010-11 year after an Aug. 16 public hearing. Board attorney Buchanan Meek Jr. reviewed the budget for the dozen present in the Courthouse courtroom, including supervisors and other county officials. No objections were voiced.
The tax rate is decreasing by 0.77 to 114.24 mills for the new fiscal year, which begins Oct. 1. This includes 43.23 mills for school maintenance and a school shortfall note, each of which is down one-tenth of a mill. The projected value of a general county mill is $51,181 while that of a school mill is $53,793.
While the ad valorem levy rate is going down, county officials said it will bring in about $60,000 more because of reassessment, which is done every four years. Budgeted general county expenditures total $2.88 million, which includes $200,000 that was set aside last year for the proposed construction of a new jail. The approximate ending cash balance is $28,613.
"Grants" for outside agencies will remain the same, including $10,000 for the Webster County Development Council.
Among other highlights, Meek said the solid waste system budget is projected to come out of the red for the first time in years by using reappraisal compliance money. He also noted that the board was able to pay off the last of the county's interfund loans during the past fiscal year.
"The Board of Supervisors has worked hard on this," Meek said. "We feel like it's a good budget," which he noted is just an estimate.
Charles Rivers (District 3) made the motion to adopt the budget and county levy sheet, and Pat Cummings (District 2) seconded his motion, which was approved unanimously before the board left the courtroom..
Post a Comment