County Board keeps levy same for 3rd straight year
For the third straight year, McLeod County will not increase its property tax levy.
The Board of Commissioners on Tuesday, Sept. 4, approved a preliminary levy of just over $18.29 million, the same as it has since 2011.
At a budget workshop in late August, the County Board had heard that it would need to use about $88,000 in reserves to keep its general fund levy the same as the prior two years.
At the Sept. 4 meeting, McLeod County Auditor-Treasurer Cindy Schultz said her department had made further line-item adjustments, which reduced the amount of reserves needed to $65,537.
The Social Services levy, which is separate from the general fund levy, will need to use $351,187 of its reserves to balance its 2013 budget.
The budget and levy will be finalized in December. At that time, the County Board can reduce its proposed levy, but cannot increase it.
For the complete article, see this week's Chronicle.