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Budget Passed In Alexander County With Tax Rate Decrease

The Alexander County Board of Commissioners adopted the 2024-2025 budget at Monday’meeting by a 3-2 vote, with Commissioners Marty Pennell and Larry Yoder opposed. The new budget includes a two-cent property tax decrease, which will reduce the property tax rate to 65 cents per $100 valuation. Commissioners Pennell and Yoder stated that they believe the new budget is sound, but the property tax rate reduction is somewhat premature.

Interim County Manager Ben Faulkenberry said the 2024-2025 general fund budget totals $56,616,494, which is a two percent decrease compared to the current year’s budget. The new budget includes a five percent cost of living adjustment (COLA) for all county employees, a continued focus on public safety, capital projects, additional school funding, and more.

[Story courtesy of Rick Gilbert, WACB]