Supervisors expected to adopt budget
Published 6:15 pm Saturday, September 1, 2018
The Warren County Board of Supervisors is expected to adopt their 2019 fiscal year budget during their regular board meeting Tuesday morning following a public hearing.
The meeting, normally on Monday, will be held Tuesday at 9 a.m. on the third floor of the Warren County Courthouse because of the Labor Day holiday.
The supervisors are also expected to adopt a resolution setting the millage rates for each fund of the budget, as well as adopt a resolution requesting ad valorem for FY2018-2019 for the Vicksburg Warren School District.
The millage rate is expected to increase of 3.79 mills in 2019. The tax increase means owners of a $100,000 home can expect their taxes to rise $37.90.
The county supervisors have been in the midst for the last several weeks of creating the 2019 fiscal year budget that will take effect Oct. 1 and a millage increase will be necessary.
The Vicksburg Warren School District has issued $35 million dollars in bonds from the $83 million bond referendum that voters passed in March and Board of Supervisors President Richard George said last month he “anticipates in the next year or two, the school district will issue the remaining $48 million in bonds.”
He said taxpayers should expect a 3.79 mil increase for 2019, which means a tax increase of $37.90 on a $100,000 home.