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Public hearing on Franklin County tax rates, budget draws little fanfare

Public hearing on Franklin County tax rates, budget draws little fanfare

No Franklin County residents offered their opinions April 16 on the proposed 2019-20 budget and tax rates.

It was a stark contrast to last spring when a suggested hike to the real estate rate, which was ultimately adopted, drew many speakers and large crowd to the public hearing.

During the public hearing, Interim County Administrator Chris Whitlow offered an overview of the $143.8 million budget, which calls for no tax increases.

Last year, the board raised the real estate tax rate by 6 cents, bringing it to 61 cents per $100 of assessed value. It also increased the personal property tax rate by 10 cents, setting it at $2.46 per $100 of assessed value.

Beyond the revenue generated by those increases, the county has experienced only minimal growth, Whitlow said. The 2019-20 budget shows 1.34 percent growth over the current year.

The budget allocates $87.4 million to the school division — nearly 61 percent of the county’s overall expenditures. Still, it’s less than school officials had hoped for.

The school board adopted an operating budget of $90.9 million, in which it sought an additional $3.8 million in additional funding from the local government. It also requested the standard $1.2 million in capital funding.

The board voted unanimously to adopt the unchanged tax rates April 16, and is scheduled to adopt the budget April 23.

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