Close

Sun Subscriber Website Login






Please wait....
 
News Story
Updated: 08/02/2014 08:00:02AM

County budget loses ground

Share this story:


by Steve Bauer

Text Size:


DeSoto Board of County Commissioners got their first peek at the proposed 2014-2015 budget, and the initial numbers show another tough year ahead.

The 2014-15 projected number is $26,016,270, which is nearly $3 million less than this year’s budget. Interim County Administrator Mandy Hines said property values are expected to decline in 2015, resulting in a loss of $351,669 in tax revenue. Other factors that negatively impacted the budget include a rise in post-retirement health insurance costs, and significant transfers toward transportation. As a result, county staff estimate approximately $1.7 million will need to be used from the reserve fund to balance the budget, leaving only $1,519,405 for emergency use.

You are currently not logged in
By logging in you can see the full story.

Subscribe to 
							the E-Edition
Get the Sun Delivered


ADVERTISEMENT