Tue February 19, 2008
Lee County Budget Cuts/Hikes Taxes
Fort Madison, IA – The Lee County Board of Supervisors has approved the county's preliminary budget for the fiscal year that begins July 1.
The spending plan should result in some residents paying less in property taxes.
The rural tax rate is set to drop by $0.08 in next year's $27,000,000 budget.
With the rollback factored in, a rural property owner would see the county portion of their tax bill cut by $20, compared to their current bill, on a $100,000 home.
The urban tax rate, though, is going up by nearly $0.42, so someone who lives in a $100,000 home in the city will pay more, next year, in county property taxes.
Chairman George Morgan says, despite some growth in Lee County, this was a difficult budget to craft.
He says next year's budget includes money for renovations to the county jail, several conservation and technology projects and pay hikes for union workers and elected leaders.
A public hearing on Lee County's spending plan for next year will be held in a couple of weeks.
You can hear more with Lee County Board of Supervisors Chairman George Morgan by clicking the audio link above.