Taxes are a hot-button issue at all levels of government, but in Wayne County, it’s a particularly sensitive topic.
Residents there pay some of the highest taxes in the nation as a percentage of home value. And each fall, supervisors debate how much money they’ll pull from reserves to reduce the tax levy, defined as the amount to be raised by property taxes.
That debate continues.
Last week, county administration outlined the tax implications of a proposed $149.9 million budget for 2020, which calls a $4.7 million increase in spending over 2019, a 3.2 percent increase.
According to fiscal assistant Ken Blake, for the county to achieve a 2.72 percent levy increase in 2020 — from $40.4 million to $41.5 million — and stay under the tax cap, it would need to pull $5.5 million from the county’s general fund balance — or $463,103 more than last year’s $5.1 million figure.
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