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Richardson County 25-26 FY budget approved

(KLZA)--Richardson County Commissioners conducted a public hearing Tuesday evening to receive comment on the proposed Fiscal Year 2025-26 budget. Only three people attended, with two speaking during the hearing.

On Wednesday, during their weekly meeting, the Commissioners conducted a public hearing to receive input related to setting the final property tax request at a different amount than the prior years tax request. No comments were received.

The Board approved the Fiscal Year 25-26 budget document as presented during the Tuesday evening public hearing with a property tax request of nearly $6.2 million, a more than 3 percent increase from the previous year, amounting to an additional more than $196,000.

Of that amount, about $250,000 is to pay bonds on the Law Enforcement Center and included $400,000 in cash reserves.

The total budget of expenditures approved was about $21.2 million, a nearly 11 percent increase.

The property tax levy will be 30.03 cents per $100 of assessed valuation for the general / operating budgets , a decrease of nearly 2.7 cents or 8.19%. The jail bond levy will be about 1.22 cents per $100 of assessed valuation, which is down approximately 4-tenths of a cent.

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