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(KLZA)--Richardson County Commissioners will conduct a public hearing on Tuesday, September 17 concerning the Fiscal Year 2019-20 budget proposal and property tax requirement.
The hearing will be in the Commissioners room on the second floor of the Richardson County Courthouse beginning at 11:00 A.M.
The proposed budged of expenditures amounts to $14,923,372, a 6.5 percent increase amounting to an additional $918,482.
The property tax request is proposed at 31.97-cents per $100 of assessed valuation, an increase of less than a penny, amounting to a 2.6 percent increase.
The property tax requirement is proposed at $4,497,711 which includes $400-thousand for cash reserves and nearly $246-thousand for the jail bond. The total tax requirement represents at 3.6 percent decrease amounting to $173,743.
The Richardson County valuation decreased $39,766,620 to $1,391,753212, a three percent decrease.
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