Wednesday, 28 October 2020
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Richardson County budget approved
09/23/2020

(KLZA)-- Richardson County Commissioners approved a budget for the next fiscal year with total expenditures of $14,275,242 when they met September 15th.

Total expenditures for the next fiscal year are 4.4 percent below last years total, an amount of more than $648-thousand.

The property tax requirement will be $4,688,924 which includes $400-thousand in cash reserves and the Jail Bond of $278,061.  

The property tax levy will be 32.116-cents per $100 of assessed valuation,  that is a one-half percent decrease.

The valuation of Richardson County property decreased by more than $18.3-million this year, a total of 1.3 percent to $1,373,415,305.

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