Commission to resume work on budget
Commissioners discussed the budget when they met Thursday.
County Administrator
The company has now reduced the increase to 7.4 percent after the county government sought other bids.
Loughry said there is one other insurance entity with a proposal that is competitive with
Loughry said the only thing left unresolved in regards to the 2018 budget is the level of funding for outside agencies.
The county traditionally provides financial support to a number of not-for-profit agencies in the county. Some of these agencies have requested additional funding for next year.
According to Loughry, the county government will be able to lower its mill levy by 0.5 mills if funding for the outside agencies remains unchanged from current levels.
The mill levy is used in determining property taxes.
Funding all of the requested increases, or enhancements, would require about 0.25 mills worth of taxes. Loughry said this means the county would be able to reduce the mill levy by only 0.25 mills.
"It would still be an overall decrease," he said.
Commissioner
Loughry said he and County Clerk
State law now places restrictions on cities and counties when it comes to collecting increased property tax revenue that exceeds the rate of inflation. The law includes a number of exemptions and local governments also can increase tax revenue with voter approval.
Last year, the
Commissioners discussed scheduling a budget work session next week, possibly on Wednesday or Thursday.
Commissioner
Klasinski said representatives of the agencies already have made their presentations to the commission and will not be invited to next week's work session.
However, members of the public will be able to attend the work session.
Twitter: @LVTNewsJohnR
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