County tax rate, budget set

The county commissioners have adopted a balanced budget and tax rate for fiscal year 2016-’17.

The commissioners met Sept. 13 to adopt a budget and set the tax rate at $.485847 per $100 valuation which is the same as last year’s tax rate.

County Judge Don Kirkpatrick said that the commissioners and county officials had spent “over 2.5 months working on the budget.”

“This budget will raise more revenue from property taxes than last year’s budget by an amount of $327,840.53 which is a 3.4274 percent increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $209,115.64,” Kirkpatrick said.

Ad Valorem taxes bring in $11,462,257 with the special road tax bringing $1,934,463; fines and fees of offices, $3,088,783; income from investments, $18,200; miscellaneous income, $560,523; and transfers from fund balance $1,644,649 for a total revenue of $18,708,875. 
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