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County valuations up 4 percent for next year

Lower tax rate will still equal slightly higher bill

February 29, 2012
By ANDREW POTTER - Staff Writer (apotter@timesrepublican.com) , Times-Republican

Marshall County residents will see their county tax rate go down but the overall tax bill go up slightly for the 2012-13 fiscal year.

The county budget was approved by the Marshall County Board of Supervisors at its meeting Tuesday and it includes a levy rate decrease of 35 cents to $10.23 per $1,000 valuation.

"That's a remarkable number," said Dawn Williams, the county auditor and recorder who presented the budget to the supervisors.

Article Photos

T-R PHOTO BY ANDREW POTTER
Dawn Williams, Marshall County auditor and recorder, presented the 2012-13 budget to the Board of Supervisors during a regular meeting Tuesday. The budget was approved by the board.

The county is able to decrease the tax rate due to the huge increase in property valuations, which are increasing in the county a total of $59 million.

"Valuations are up 4.2 percent," said Supervisor Dave Thompson. "That's a good sign for our economy locally."

Williams said due to the valuation increase the county taxes on a house valued at $100,000 will go up from $375 to $381 for next year, for a $6 increase.

Williams said overall the county is in good fiscal health and the one thing they need to monitor is the continued protection of the general fund ending balance.

Thompson credited the county staff noting that the total increase in spending over last year was $126,000, which is less than .5 percent of total expenditures.

"This is the lowest amount of dollar increase in spending for several years for the county," Thompson said.

In other board action, a new Caterpillar Dozer was approved to be purchased for $123,900 from Ziegler Cat in Altoona by the Secondary Roads Department.

It will be used for shoulder construction, culvert replacement and ditch cleaning, said County Engineer Paul Geilenfeldt.

"This is a purchase we've been looking at making for a couple of years," Geilenfeldt said.

The dozer was budgeted to be purchased as the county did not plan to buy a road maintainer this year.

 
 

 

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