Blount County Approves Debt-Free, No-Tax-Increase Budget for FY 24-25

The Budget Committee of Blount County, Tennessee, has approved a balanced budget for the fiscal year 2024-2025. The Blount County Mayor announced this during a recent meeting, noting that the budget was balanced without new debt or tax increases, adhering to a 'pay as you go' approach.

At the meeting, the mayor discussed the county's ability to fund significant capital projects without incurring new debt, which avoids increasing taxes for residents. This approach demonstrates the strong collaboration and effort from the county's elected officials and department heads.

The mayor thanked Finance Director Brian Baldwin, Kari Barrett, and their team for their thorough work in preparing the budget. The next steps include collaborating with county and school departments to implement the budget effectively.

The budget resolutions for FY 24-25 will be considered by the County Commission in their June meeting. A public hearing is scheduled for June 10th, which will be followed by a Budget Committee meeting and a County Commission Agenda Workshop on the same day.

This article has been enhanced with AI assistance. Agree to access AI-generated content by clicking here, or opt for content with less AI influence here.