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  • Last modified 84 days ago (July 30, 2020)

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Tax hike may fund raises

Where the county tax rate should be set was the first question accountant Scot Loyd asked commissioners Monday as they discussed finalizing 2021 budget plans.

Commissioners told Loyd to set a budget that increases the rate by 1.8 mills to give a stead amount of income to the county.

Many budget items remain uncertain because of the possibility of federal and state aid to offset costs associated with COVID-19. They are likely to still be uncertain when the county budget is drawn up for publication.

“You can always lower it after the public hearing, but you can’t raise it,” Loyd said.

Despite the pandemic, sales tax revenue is holding strong for 2020 and cash balances in the county’s general fund remains strong, he said. Debt on a resurface of 330th Rd. was paid off in 2020, which added money to the road and bridge fund for the coming year, Loyd said.

Loyd said he would meet with commissioners again Aug. 5.

Last modified July 30, 2020

 

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