Final action was taken on the 2009 budget and millage rate at a called meeting of the Jackson County Board of Commissioners last week.
BOC approves budget, millage rate
Although the county is increasing spending in its general fund by $6.6 million, the millage rate is set to drop slightly to 9.49 mills in incorporated areas and 8.61 mills in unincorporated areas. Last year’s rates were 9.59 and 8.73 respectively.
The county’s general fund spending is slated to increase from $34.7 million to $41.4 million in 2009. Much of the increase is to meet debt service payments and to fill 57 new positions to man the new Jackson County jail.
The county’s debt service payments will jump 89 percent in 2009, from $4.4 million to $8.3 million. The majority of the county’s debt service payments will be on bonds for the new jail and for bonds used to build economic development roads for industrial growth.
The county’s overall budget for all funds is $67 million in 2009, up 22 percent over 2008.
The county’s general fund spending is slated to increase from $34.7 million to $41.4 million in 2009. Much of the increase is to meet debt service payments and to fill 57 new positions to man the new Jackson County jail.
The county’s debt service payments will jump 89 percent in 2009, from $4.4 million to $8.3 million. The majority of the county’s debt service payments will be on bonds for the new jail and for bonds used to build economic development roads for industrial growth.
The county’s overall budget for all funds is $67 million in 2009, up 22 percent over 2008.
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