Sunday, March 05, 2006

Start of journ story
New County Budget Will Cause Changes
The Hanover County Board of Supervisors is adopting a new budget for the 2007 fiscal year. The new budget will be $407.6 million, a 24.5% increase.
Income taxes will increase by 6.0% and sales taxes by 11.6%.
58.5% of this increase, or $46.9 million, is due to an increase in the County and School Capital budgets. The total General Fund budget is $181.8 million, an 8.6% increase.
Part of this increase is due to a 4.0 % merit pay increase for School and County employees. Officials want to attract and keep quality employees with this raise.
Three services account for 75 percent of the budget: Education, 47.2 percent, Public Safety, 20.9 percent, and Human services, 7.8 percent.
The Public Safety service budget will increase to hire more police officers and pay the previously volunteer fire department.
The Sheriff’s Office budget will be $16.5 million, an increase of $1.6 million and 10.7%. The Fire and Emergency Medical Services budget is $11.0 million, an increase of $1.2 million and 12.5%.
Human services total $14.3 million, a 9.1% increase.
Public works, 4.0%, Administration, 6.8%, Capital Projects, 3.6%, Parks, Recreation, and Cultural, 2.9%, Judicial Administration, 2.3 %, Community Development, 2.9%, and Nondepartmental, 1.4%, comprise the remainder of the budget.
Sales Taxes are anticipated to increase by $2.7 million. State and Federal Revenues are expected to increase by $456,000.
The local income remains strong, with a 2.3% unemployment rate, high median adjusted gross incomes of $40,797, and a local sales tax growth of 11.0% in fiscal year 2006.


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