Wells County Council publishes LIT notice, trims budgets to reduce $478,024 shortfall
At an Aug. 14 budget session, the Wells County Council voted 6-0 to publish a notice to taxpayers for Local Income Tax Ordinance 2023-12, adjusted LIT credit allocations, and approved targeted budget cuts and pay-matrix decisions to address a $478,024 General Fund deficit.
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The Wells County Council on Aug. 14 voted to publish a notice to taxpayers for proposed Local Income Tax Ordinance 2023-12 and approved a series of budget reductions and pay-matrix changes as it worked to close a $478,024 operating deficit in the General Fund.
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