6 years, 4 months ago by Scott Hardy
County will also borrow $10 million this year for Jail construction
Adams County residents won't see an increase in their property tax rate from the County Board next year. Scott Hardy has more.
( Audio 1:14 )
The Board Tuesday night adopted a tax levy of 79.34 cents per $100 of assessed valuation. That's a negligible increase from last year's rate of 79.17 cents. County Finance Committee Chairman Duane Venvertloh says the County will collect nearly $9.5 million, some $360,000 more than last year. He says that's due to a rise in assessed valuations, which won't affect the County's tax rate.
( Duane Venvertloh :15 )
That extra amount will cover some budget increases in County offices, and shortfalls in state funding. The County Board also held an emergency meeting, to adopt a resolution authorizing borrowing some of the money raised when the County issued $25 million in bonds to pay for building the new County Jail. Venvertloh says the County will borrow the money over three years' time.
( Duane Venvertloh :16 )
Construction on the Jail's foundation has started, and should be done within four to five weeks.
