The Granville County Board of Commissioners received a budget proposal – more than $87.2 million – from County Manager Drew Cummings earlier this month.
The new property tax rate is 63 cents per $100 property value, which is 10 cents over the revenue-neutral rate, but 20 cents lower than the previous tax rate.
Commissioners will have a public hearing before its meeting on Monday, May 20 to hear from residents about the contents and particular line items contained in the 338-page budget document.
The full budget document is available on the Granville County website at: https://www.granvillecounty.org/government/finance-department/comprehensive-annual-financial-reports-budget-documents/
A copy of the proposed budget also is available for public inspection in the Office of the Clerk to the Board and at the Richard H. Thornton Library and other library branches.
A few highlights included in the county manager’s summary:
- Proposed budget doesn’t take any funds from fund balance
- Includes a third year of funding from the newly formed Fire Protection & Rescue Service Tax District and maintains a tax rate of .06 per $100
- The $8,689,224,747 tax base is projected to generate $54,309,641, assuming a 98.99 percent collection rate.
The commissioners’ meeting and the public hearing will take place in the auditorium of the Granville Convention and Expo Center, 4185 US Highway 15 South in Oxford.
