BOC Approve FY2014 Budget

[Al Lee Gator]

Paulding County BOC Approve FY2014 Budget

Paulding County Board of Commissioners convened on Tuesday, August 13, for the first of two regular monthly meetings and passed several FY2014 budget resolutions and voted to adopt the budget for FY2014.

 

The BOC passed a balanced budget adopting Resolution 13-21 through 13-26, setting millage rates for the County, which reflected a decrease in the Maintenance and Operations (M&O) rate of .05, 13-22 set millage rates for the Fire District, which remained the same from last year, 13-23 set millage rates for the County Bond, 13-24 set the millage rates for the Paulding County School District, which reflected a decrease from 18.909 to 18.879, 13-25 set the millage rates for the State of Georgia, which is reducing annually andbeing phased out by the state, and 13-26 authorized the Tax Commissioner to retain a 2.5 percent fee for collecting school tax.

 

According to Finance Director Tabitha Pollard, who addressed the BOC's Tuesday morning session, revenues over the last fiscal year were said to have exceeded expenditures, resulting in a surplus totaling about $2 million. Commission Chairman Austin attributed the county's relative fiscal health to taking belt-tightening measures at the right time.

 

And the Board voted in favor of authorizing the Chairman to enter into a Professional Service Contract in the amount of $115,000 with Comprehensive Program Services for programming, design, and construction management services for the planned Sheriff Training Facility to be located off of West Memorial Drive. A 49-acre track purchased with SPLOST funds through the IBA that is being developed primarily as an industrial park.

 

The Board also passed one DOT item to adopt a resolution agreeing to accept for title and ownership the properties of Ragsdale Road, Old Mill Road, and Old Atlanta Road that will be constructed, realigned or widened as part of Georgia Department of Transportation project.

 

The Board of Commissioners is scheduled to meet again on the second Tuesday in August.

 

 

 

 

 

 

 

 

[The Sound Guy]

So if I'm reading that right, the total mil rate will go down very slightly this year?

[FreeBird]

but your property values will most likely show an increase...

[surepip]

but your property values will most likely show an increase...

 

Ours went down more. So our taxes should drop a bit more also.

 

I would be curious as to where the $2million came from ? Across the board? certain departments reductions ? Sales and Use, and SPLOST increased collections ?

 

Based on our budget numbers, a $2million surplus is substantial.

[The Sound Guy]

 

Based on our budget numbers, a $2million surplus is substantial.

 

Especially with the cuts that have been made in the last few years.

[Faraday Woods]

Looks like my property's (in SE Paulding) fair market value shot back up 30%. Almost the same 30% they reduced it by the previous year. Sure is a shock to the escrow portion of my mortgage payment. Paying $1,600 annually this upcoming year (2014) instead of $1,200.