By Errol Castens/NEMS Daily Journal Oxford Bureau
NEW ALBANY – Union County taxpayers will see a rise in their tax rates for 2012, but the increase will go to the county school district, not county government.
Union County’s ad valorem rate will remain at 59.42 mills for the fifth year, while the school district millage rises from 47.27 to 49.68. (A mill translates to $1 of tax for each $1,000 of assessed value.)
Noting that current county tax rates are less than they were from 2001 to 2007, County Administrator Terry Johnson said, “Our millage hasn’t increased for 11 years.”
Supervisors on Thursday approved a budget that includes $13,470,320 in expenditures for Fiscal Year 2012, which begins Oct. 1.
Taxes and ad valorem are projected to raise $6.53 million, with another $1.52 million coming from licenses, commissions, fines, forfeitures and related fees. State sources will contribute $1.94 million and federal sources $120,000, while the county will take in $1.16 million in charges for services.
Supervisors intend to use about $1.75 million in cash reserves, reducing that fund over the year from $17.56 million to $15.81 million.
Approximate expenditures break down thus:
* $4.96 million – public works
* $3.29 million – public safety
* $2.19 million – general government
* $1.36 million – courts
* $869,000 – debt service
* $240,000 – health and welfare
* $223,000 – culture and recreation
* $196,000 – economic development and assistance
* $134,000 – natural resources conservation