Personal property tax increase proposed
Posted on AllSides March 21st, 2024
From The Center
Madison County residents could see a slight increase in their personal property tax bills. Last week, supervisors discussed the proposed fiscal year 2025 budget. Similar to past years, the budget heavily focuses on education and public safety. The $66.1 million budget, of which $33.4 million is in the general fund, utilizes approximately $3 million in fund balance. Unlike previous years, the budget isn’t currently balanced due to the school budget. The school board approved a budget that is $903,000 more than what the county has committed to funding as the...