(KLZA)--Richardson County Commissioners reviewed final calcuations and the notice of the public budget hearings when they met Wednesday.
The proposed budget calls for a total property tax requirement of $6,180,383 which amounts to a 3.3 percent increase of more than $196,000. The total includes $400,000 in cash reserves and $250,218 fo rthe jail bond.
The proposed budget of expenditures amounts to a 9.9% increas to $21,191,602 with a property tax levy of just over 28.8 cents per $100 of assessed valuation.
The levy amount represents a nearly 9.3% decrease of 2.275 cents per $100 of valuation.
The Richardson County valuation for 2025 increased 12.49% to $2,057,885,951. A dollar amount increase of $228,622,494.
The public budget hearing is scheduled for Tuesday, September 16 at 6 p.m at the courthouse in Falls City. A public hearing on changing the tax levy from the prior year to a different rate is scheduled for Wednesday, September 17 at 10 a.m. at the courthouse.
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