Morgan: Jackson ’26 Budget “Pretty Good” With No Hiccups
Jackson County Executive Jim Morgan said the county has a new budget in place, a long, but smooth process resulted in no property tax increase. Morgan said the budget committee took its time to verify the numbers, especially with the passing of Mayor Randy Heady coming around the start of the process. Morgan said the […]
Adcock: Tight Budget Year, No Tax Rate For DeKalb Residents
No changes coming to the $2.51 property tax rate for DeKalb County residents this year, as the rate remains unchanged in the new fiscal year’s budget. County Executive Matt Adcock said the budget was very tight this year, with rising costs and unfinished projects. Adcock said he does not expect a property tax rate increase […]
Gainesboro Aldermen Discuss Potential Tax Rate Changes
The Town of Gainesboro could see a tax increase in the coming fiscal year. Alderwoman Nancy Pruett proposed the idea at the Board of Aldermen meeting Thursday night. Pruett said she proposes an increased tax rate of 0.6, which could bring an additional $39,000 to the city’s budget annually. “What are we going to do […]
Clay Schools Could See Budget Increases With New Tax Rate
This week’s tax rate decision by the Clay County Budget Committee could mean more money for the school system. School Board Chair Benji Bailey told the School Board Thursday night the committee made the decision taking into account the reappraised rate as recommended by the state. “As a result of the state assessment what they […]
Overton Commission Passes Budget, No Tax Increases For 7th Consecutive Year
Overton County Commission passed its budget Monday night with one of the healthiest fund balances the county has ever had. That’s according to County Executive Ben Danner. He said that since he’s gone into office eight years ago, the county has doubled its general fund balance. “And what that means is that if things go […]
Algood City Council Keeps Property Tax Rate
Algood City Council has set its property tax rate at 0.3963 per $100. City Administrator Keith Morrison said that rate is the same as last year’s. He said that the council did not feel the need to take in more money through a rate increase, as they were making good progress as is. Morrison said […]
Van Buren County Passes Budget And Tax Rate, Mayor Optimistic
Van Buren County has approved its final budget and property tax rate for the fiscal year. Mayor Greg Wilson said the comptroller’s office gave a tax rate recommendation of $2.3992, which the county rounded to $2.40. Wilson said this was the rate necessary to maintain current revenues. Wilson said he’s optimistic about revenues. “In the […]
Putnam School Board Wants To Explore Sales Tax Change
The Putnam County School Board is interested in exploring a change in the way sales taxes fund the school system. Currently, schools are operating on a flat sales tax rate. Chairman Lynn McHenry said that in switch from a flat rate to a percentage rate, it would be an opportunity to see an increase in […]
