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Alexander County Proposes Budget Cuts and Tax Reduction for 2024-2025
2024-05-23
This article contains content summarized with GPT-4 Learn more. It is based on information from alexandercountync.gov, which reflects the perspectives and priorities of the organization. Please consider the specific interests of the source when reading
On May 20th, the Alexander County Board of Commissioners held a public hearing to discuss the proposed 2024-2025 county budget. The budget was first presented on April 29 during a work session by former County Manager Shane Fox and department heads. The proposed general fund budget totals $56,589,979, which is a 2 percent decrease from the previous year. This includes a two-cent reduction in property tax, potentially lowering the rate to 65 cents per $100 valuation. The budget also suggests a 5 percent cost of living increase for county employees, continuation of the employee Christmas bonus, and more funds for public safety and education.
During the hearing, Shane Fox emphasized the careful planning behind the budget, based on reliable economic data. The general fund's income comes from various sources: 47 percent from property taxes, 21 percent from sales tax, and 20 percent from restricted grants. The property tax base increased by about 40 percent after the 2023 revaluation, which influenced the budget planning.
The budget prioritizes public safety with an increase of $1,087,729, totaling $17,871,496. However, health and human services will see a 5.9 percent cut, amounting to $13,097,118. Other areas like general government, education, culture/recreation, debt service, and economic development are also funded to maintain or improve services without harming the county's financial stability.
Capital investments in the budget include $100,000 for IT upgrades, $230,000 for seven new vehicles, $600,000 for two ambulances, and other vital public safety and service equipment. The sheriff’s office plans to buy an armored vehicle, funded partly by drug seizure proceeds, showing a strategic use of resources to boost law enforcement capabilities.
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