Webster County budget is finalized
Levies stay same, revenue continues to climb
Countywide property tax levies will stay essentially the same, but overall revenue Webster County makes will go up under the proposed budget for the coming year.
The Webster County Board of Supervisors approved the budget at Tuesday’s meeting, after going line-by-line through budget items in the end of January.
As it was last year, an increase in costs has been matched by an increase in property values which has balanced things out.
“The levy rates are down just a little bit because of the increase in valuations,” Supervisor Merrill Leffler said. “The overall budget revenue’s up almost a million dollars, and expenses are up $500,000.”
“That’s mostly wages and insurance,” Supervisor Keith Dencklau said.
Property tax in urban areas will be about $5.90 per $1,000 assessed value in urban areas, and $9.56 per thousand for rural, about a penny less than this year.
Salaries for elected officials went up 2.5 percent from the current year, in keeping with inflation.
Total expenditures are to go from about $40.7 million to $41.2 million, a 1.3 percent increase.
Property tax revenue went from about $12.2 million to $13 million, a 6.4 percent increase.
With other sources of revenue, total revenue for the county is to be about $37 million. The county will spend down its ending fund balance from about $14 million to $10 million.
To see the budget and more detailed documents visit is.gd/WebsCo2019.