Mount Vernon News
 
 

By Mount Vernon News
January 24, 2013 9:16 am EST

 

MOUNT VERNON —Commissioners Teresa Bemiller, Thom Collier and Roger Reed approved the county’s 2013 budget of $49,228,800.59 last week that included a General Fund balance of $13,360,254.21. The outlook for 2013 is fairly secure, according to the commissioners, but caution is advisable.

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“We hope we’re in good shape but we will be monitoring the budget all year,” stated Reed, “and hopefully everything will go smoothly.”

The commissioners had a forecast generated last year, and one thing it noted was that property tax collected in 2011 was $10,000 less than the revenue collected in 2010. Growth is projected at 1 percent through 2015. The property tax revenue is just one of the indicators that help the commissioners make fiscal decisions.

“We hope everyone will live within their budgets,” stated Bemiller, “We hope people will spend what they need to as we go through the year but that we’ll have a good carryover. But we don’t know what’s happening. We’re still looking for some revenue cuts.”

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