Clay County Commissioners voted Monday to pass its new budget which includes a 1.5 percent salary increase for employees.
County Mayor Dale Reagan said raises will go into effect once the budget is approved by the state Comptroller’s Office.
“Once they do that, my office and the finance clerk will go back to July 1 which is the beginning of the fiscal year,” Reagan said, “and catch that up with the raises and all.”
The new budget does not change the county’s property tax rate which will remain the same at $3.1o.
Reagan said the county is expected to have an overall fund balance of just under $500,000 by the end of the fiscal year.
“Hopefully all the department heads do good like they did in the past and we’ll have another good year,” Reagan said. “We had a real good year this past year as far as sales tax and that contributed to us trying to keep that tax rate down.”
Clay County’s property tax rate remains the highest in the Upper Cumberland. However, Reagan said the rate has not changed over the last seven to eight years.
Commissioners approved the 2019-2020 spending plan unanimously.