Posted September 09, 2021 03:39pm
(KLZA)-- Richardson County Commissioners will conduct a public hearing on the proposed Fiscal Year 2021-22 budget on Monday, September 13, beginning at 9:00 a.m. in the Commissioners meeting room at the Richardson County Courthouse in Falls City.
The proposed budget of expenditures is $17,920,935 which is an increase of 25.8 percent or nearly $3.7-million. A major factor in the large increase in the ARPA funds the county expects to receive from the federal government which is expected to be in the neighborhood of $1.52-million.
The property tax requirement is projected at $4,928,713 which includes $400-thousand in Cash Reserves and $268,700 for the Jail Bond.
The projected property tax levy is 32.9247-cents per $100 of assessed valuation, an increase of 2.5 percent, or .8 cents per $100 of valuation.
The Richardson County valuation for the year increased $41,937,542 or 3 percent to $1,415,352,847.