On Tuesday, however, they voted to pass the $163.5 million budget with no comments. The budget is $335,333 or .2 percent higher than the present $163.2 million budget because of a minimal increase in anticipated revenues.
County and board of education employees will not receive an increase in salaries or longevity bonuses. To reduce personnel costs, the county is offering an early retirement incentive program for the third consecutive year.
Property taxes, the largest source of revenue, account for $120.9 million, down $763,151 or .6 percent of the current $120.2 million. Federal grants decreased more than any other category. They declined by $1.069 million or 62.1 percent from $1.71 million to $653,564.
Interest on investments is estimated at $200,000, a decrease of $50,000 or 20 percent.
1 comment:
WOW, look at what their budget is compared to Wicomico county. They don't have near as many people.
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