Budget Meetings For Cannon County Have Begun

Wednesday, 14 May, 2008

Work on Cannon County's 2008-2009 fiscal year operating budget has offically begun. Members of the County Commission's budget committee met for the first time this week to discuss the proposed expendatures and income of the County. The main focus of this week's meeting was to go over proposed revenue.

Members learned that one cent of the property tax rate will bring in $19,048.00. That figure is up slightly over last year. Additionally, growth in Cannon County produced estimated income of over $53,000.00. This is income which is generated in excess of the property taxes collected.

Members will begin going over projected expendatures on Thursday night. They will review the budgets of courthouse offices. The meeting begins at 6:30 p.m. and will take place in the courtroom of the Courthouse. Members have not yet released their future meeting dates. Members are expected to meet many more times over the coming months before they have a budget ready to submit to the full County Commission.