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Tag Archives: tax increase

Putnam Commissioners Approve Budget With 18.8 Cent Property Tax Increase

After about an hour of discussion Monday night, Putnam County Commissioners approved a new fiscal year budget with an 18.8 cent property tax increase. The county will use some $6.5 million in fund balance to make up the budget deficit, reducing the reserves to about $18 million. That’s still above the Comptroller’s request that a county maintains 20 percent of ... Read More »

Putnam Begins Budget Process With Likely Need For Revenue

Putnam County Commissioners will start to piece together a budget this week as they begin meetings with department heads about what the needs are. Commission Chair Ben Rodgers said they will start with the sheriffs department which could be ready to open the justice center expansion by the end of the new fiscal year. “We’re not sure the timeline yet ... Read More »

Porter: Tax Increase For New School Could Not Happen Until Next Year

Putnam County Mayor Randy Porter said county commissioners could decide to issue a bond for the $15 million to build the upper grade wing of Park View School. But the money would have to come out of the county’s general fund in the short term. Porter said the county cannot raise taxes inside a new budget year. “They can hit ... Read More »

Putnam Commissioners Approve Budget; Concerns With Tax Increase

Putnam County Commissioners approved its 2021-2022 fiscal year budget Monday night, but not without some concern about the 10 cent increase in property taxes. The proposed increase raises the recommended tax rate from 237.2 to 247.2. Commissioner AJ Donadio said that before commissioners voted no on the tax levy, he asked for alternatives for how to pay for the increasing ... Read More »