Magistrate and Chairman of the Budget Committee Doug Taylor said the budget was the work of County Judge/Executive Stan Humphries to whom the committee served in an advisory capacity.
Humphries said that the final draft version would be submitted to Frankfort for review and approval, and then be advertised in Trigg County for a second reading and eventual approval.
Taylor said that a number of items in the budget are costs or revenues mandated by the state and Federal Governments. “We have no control on these items, and very little control over inflation. We anticipate a revenue increase of between 8.6 and 8.7 percent increases in small increments from several categories.”
Thanks to in increase in the number of taxable pieces of property and personal property, Taylor said that Trigg County continues to enjoy increased revenue opportunities while keeping tax rates “among the lowest in western Kentucky.” He added that some declines in revenue, such as a decline in 911 landline fees were offset by increases in other fees, such as 911 taxes for mobile phones/
Humphries added that the committee attempted to provide conservative estimations in revenues. He said that several county judges from the area lobbied the TVA to increase its “in lieu of” payment for land use, given no recent increases, and anticipated a payment from trees logged in the LBL area due to road expansion.
For the rest of this story, read this week's Cadiz Record.