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Budget Public Hearing Held At Alexander Commissioners Meeting

The Alexander County Board of Commissioners held a public hearing to allow input and to discuss the proposed 2024-2025 county budget at their Monday (May 20) meeting. The proposed budget was first presented to the board at a work session on April 29. Commissioners will approve the budget in June.

Former County Manager Shane Fox presented the proposed budget to commissioners. The proposed general fund budget totals $56,589,979, which is a 2 percent decrease of $1,105,973 compared to the current year’s budget. The general fund budget includes a two-cent property tax cut which would lower the tax rate to 65 cents per $100 valuation, a 5 percent cost of living adjustment for all county employees, continuation of the employee Christmas bonus, a continued focus on public safety, and additional school funding.

The property tax base increased by approximately 40 percent following revaluation in 2023, after years of stagnant growth. The previous revaluation in 2015 showed a 2.5 percent decrease in tax base. The tax base is projected at $4,080,203,444 (1.4 percent increase) for 2024-2025. The county is required by state law to have a revaluation every eight years, with the next revaluation in 2031.

Alexander County Schools requested $8,287,394 for 2024-2025, which is up from $7,383,428, for an increase of $903,966. The proposed budget includes $109,612 for the fire academy and NC Pre-K program, for a total allocation of $7,493,040 for Alexander County Schools.

[Story courtesy of Rick Gilbert, WACB]