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(KLZA)--Richardson County Commissioners approved the Fiscal Year 2024-25 budget when they met Wednesday as presented during a public budget hearing.
The total property tax asking will be $5,984,108 which is an increase of $124,965, representing a 2.1 percent increase from the previous year.
The total budget of expenditures is down 5.4% at $19,283,248. That figure is $1,039,261 lower than 2023.
The property tax levy drops 6.7% to 31.0919 cents per $100 of assessed valuation. That amounts to a decrease of just over two-cents.
The Richardson County valuation increased $154,638,148 or 9.2% to 1,829,263,457.
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