KAUFMAN, Texas – The Kaufman County Commissioners' Court voted earlier today to approve the proposed tax rate of 57.62 cents per $100 assessed property valuation.
KAUFMAN, Texas – The Kaufman County Commissioners' Court voted earlier today to approve the proposed tax rate of 57.62 cents per $100 assessed property valuation.
The tax rate is an increase in 1.97 cents over last year's tax rate due to a $30 million in voter-approved bonds being sold by the county. Last November, Kaufman County voters approved a $56 million county-wide transportation bond. The remaining $26 million won't be sold for another couple of years, according to Kaufman County Judge Bruce Wood.
With the approval of the proposed tax rate, the commissioners scheduled two public hearings for the proposed Fiscal Year 2015 budget for September 5, 2014, at 9 a.m. and September 8, 2014, at 9:30 a.m. Both public hearings will be held in the Commissioners' Court meeting room in the Kaufman County Courthouse Annex building at 100 North Washington Street in Kaufman, Texas.
The proposed 2014-15 budget calls for a decrease of $357,174 in the county's $34 million general fund – the county's main operating fund. According to Wood, last year's general fund expenses were $34,421,380 and the proposed budget will operate on expenses of $34,064,206.
Each employee, employed as of April 1, 2014, is expected to receive a $1,200 raise distributed monthly compared to budget years in the past when employees received a $500 supplement check in November and the remainder of the raise was distributed monthly.
Click here to view the proposed FY 2015 budget in its entirety.