Hamilton County taxes up 2.5%

 

Hamilton County adopted budget for 2023

By PETE KLEIN

Express News Staff

LAKE PLEASANT—When the Hamilton County Board of Supervisors met on November 18, it adopted the following county budget for 2022.

The General Fund is showing appropriations of $15,877,328 less estimated revenues of $10,225,367. less appropriated cash surplus of $1,300,000 equals to be raised by taxes of $4,351,961.

The Highway Fund is divided into two sections, County Road and Machinery.

The County Road Fund shows appropriations of $6,375,017, less estimated revenues of $2,390,358, less appropriated cash surplus of $100,000 equals to be raised by taxes of $3,884,659.

The Machinery Fund shows appropriations of $2,117,500 less estimated revenues of $880,500. less appropriated cash surplus of $100,000 equals to be raised by taxes of $1,137,000.

Comparisons

Last year’s budget figures are shown in (parentheses).

Totals combining all funds

Appropriations - $24,369.845 ($23,072,568) up $1,297,277.

Estimated revenues - $13,496,225 ($12,480,026) up $1,016,199.

Plus deferred tax revenue – $35,000 ($35,000).

Plus allowance for uncollected taxes – $3,000 ($3,000).

Equals net tax levy – $10,911,620 ($10,630,542) up $281,078.

Less appropriated cash surplus – $1,500,000 ($1,450,000).

Equals amount to be raised before chargebacks - $9,411,620 ($9,180,542) – up $231,078, up 2.5%.

Amount to be raised after $164,000 ($156,983) estimated chargebacks equals $9,575,620 ($9,337,527) by taxes, up. $238,093, up 2.5%.