The Franklin County Commission has given tentative approval to next year’s budget and local taxpayers are looking at about a three and a half percent tax increase.
The 50.4 million dollar budget received tentative approval on Monday afternoon during the county’s first public budget hearing.
The total budget is about 6 million dollars than the year before.
The amount that will be paid by local taxpayers is a little over 11.1 million dollars which is about 450 thousand dollar more than last year.
Much of the local tax increase comes from a nearly 166 thousand dollar increase in the sheriff’s office budget.
About 55 thousand dollars of that increase will go to help pay for inmate medical services; another 15 thousand will go to mandated increases in retirement, and 18 thousand is for bonds and insurance.
The county also increased its subsidy to the local ambulance service by nearly 260 thousand dollars and approved an across the board 1000 dollar pay increase for county workers which totaled over 205 thousand dollars.
People with a 150 thousand dollar home and a 50 thousand dollar homestead exemption will see their annual taxes increase by about 6 dollars in the coming year.
If you have a 100 thousand dollar home that is homesteaded you’ll pay about 5 dollars more in taxes.
There is one more public hearing before the budget takes effect on October 1st.
That hearing will be held on September the 19th at 5:15.
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