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Tag Archives: Penny Rate

Overton Budget Committee Reviews General Fund

The Overton County Budget Committee reviewed its proposed general fund budget line by line Tuesday night. Increased starting wages, more money for schools, and a new EMS assistant director position highlight the proposal. “We worked hard on this budget this year,” Committee Chair Darwin Clark said. “We cut it about as low as it could go. We’ve also been able ... Read More »

Putnam Budget Committee Reviews Penny Rate And Revenue Estimates

Putnam County Penny Rate values projected to increase property tax revenues for the county and the school system of some $800,000 each. The rate is the amount of money generated by a penny on a county’s property tax rate. Mayor Randy Porter told the Budget Committee Thursday night that the county property assessor projects about $220,000. “From prior years, we ... Read More »