Monday, September 15, 2014

Franklin County to hold final public budget hearing today

               The Franklin County Commission will hold its final public budget hearing today. 
 
The 46.9 million dollar budget received preliminary approval at a budget hearing earlier this month – if it gets final approval today it will go into effect on October the 1st.
 
The portion of the budget that will be paid by local taxpayers is a little over 10.6 million dollars – that’s about 50 thousand dollars more than last year.
 
But this year’s budget does not count as a tax increase – the tax rate is basically remaining flat.
 
For the first time in nearly 7 years the taxable value of property in Franklin County actually rose by just over 1 percent.
 
During the first budget hearing,  county commissioners called it a good budget, because there was no tax increase and the county was able to provide each county employee with a 500 dollar bonus as well as give raises to some workers.
 
The commission was also able to cover increased costs in retirement contributions and health insurance.


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