SCBC to hold 2nd reading of FY20 Budget
Stephens County’s millage rate for Fiscal Year 2020 is anticipated to remain the same as the current year – 14.91 mills.
That’s according to Stephens County Administrator Phyllis Ayers, who says the goal of the Stephens County Board of Commissioners is not to face raising the millage rate.
The board of commissioners will meet, later today, for the 2nd public hearing of its Fiscal Year 2020 Budget.
Stephens County’s proposed FY2020 budget is just over $23.4 million – a 0.15% increase over this year’s budget.
Ayers says that when creating the budget, some of the figures are only projected earnings and not actual.
Ayers says that the most notable challenge with the FY20 Budget is that the majority of revenue comes from three factors.
The second, she says, is the cost to fulfill the County’s Department Heads’ most requested items; including increases in salaries to maintain competitive wages, the cost to hire additional staff, and the cost of technology upgrades.
Lastly, a significant portion of the fund balance will be spend funding the local share of the W. Currahee Street, formerly Dick’s Hill Parkway, slope stabilization project.
Ayers says that the county will use $1.1 million of the prior year’s fund balance to balance the budget; however, she adds that $790,688 of the prior year’s fund balance has been allocated to fund the remodel of the old WNEG building into the new Annex.
Following the public hearing, the board is expected to adopt the proposed budget.
The Stephens County Board of Commissioners will meet at 5:30 p.m. today, inside the Historic County Courthouse courtroom.
As always, the Stephens County Board of Commissioners meetings are open to the public.
For additional information regarding today’s scheduled meeting, contact County Clerk Beth Rider by calling 706-886-9491.