The Buena Vista County Supervisors Tuesday morning approved the county budget for the fiscal year beginning July first.
County auditor Sue Lloyd says most levies are the same as the current budget, although the debt service levy is up slightly, while mental health is down. The budget calls for a property tax levy of $6.85 for urban areas, down ten cents from the current budget. The rate for rural areas is $9.99, down from $10.10. The budget includes 19.6- million dollars in revenue and 20.7-million dollars in expenses.
Board chair Dale Arends says the budget includes an extremely tight ending fund balance. He said they will have to be creative and frugal to keep money flowing to give taxpayers good value… especially in the first quarter of the budget before a lot of tax revenue is received. The one-point-seven million dollar ending fund balance for general basic expenses is only nine percent of the fund, which Arends termed a “scary low number.”
Outside agencies were funded mostly the same as they have in the past, including 81-thousand dollars to county libraries, 25-thousand to the county fair, and 20-thousand dollars to both Storm Lake United and Iowa Lakes Corridor Development.