Press-Republican

Local News

December 4, 2013

Clinton County legislators seek budget input

(Continued)

Medicaid costs account for about 60 percent of the county’s tax levy, but that is down from about 70 percent.

FUND BALANCE

The county will also use $2 million from its fund balance to keep the tax levy down.

The fund balance will be left with about $11.2 million for 2014, which is within the state recommendation of 5 to 15 percent of the $157 million budget.

The overall composite tax rate for the county will be $6.07 per $1,000 of assessed property value. It was slated to go to $6.10, but legislators opted to use about $90,000 more from the tax-stabilization fund to keep the rate at $6.07, the same as 2013.

The fund was established by legislators in 2011 to offset tax increases for future budgets. 

The total assessed property value in the county increased by $35,626,229, or just 0.8 percent.

DEC. 11 ADOPTION

Legislators will be able to make adjustments to the budget until they vote on it at the Dec. 11 meeting, but Zurlo said he does not foresee any changes.

“It’s a good budget,” he said.

“And, additionally, it gives us the ability to meet our obligations in the future.”

Email Joe LoTemplio:jlotemplio@pressrepublican.com

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