A committee of the Barrow County Board of Commissioners has been unable to come up with a balanced budget for FY2010.
After meeting on a weekly basis for months and then in a marathon budget-cutting session all day Wednesday, the committee learned at the end of its meeting that the numbers were still off by $2.2 million.
Rather than make additional cuts, the committee decided it would present the numbers to the BOC Tuesday night and leave it to the commissioners to fill the gap. The meeting starts at 7 p.m.
With millions of dollars in cuts through layoffs and salary reductions this year, there doesn’t appear to be a simple answer to the budget dilemma.
County Chairman Danny Yearwood said he favors a 1-mill tax hike to cover the nearly $1 million in annual debt service on $15 million in bonds issued by the Winder-Barrow Industrial Building Authority for the 2006 purchase of land at the intersection of highways 53 and 316.
But Yearwood said most of the county commissioners oppose a tax hike – in large part because of the loss of the state Homeowner Tax Relief Credit that will cause homeowners to pay at least $224 more on their FY2010 tax bills – even without a millage rate increase.
[Full Story »]
Recent Comments