During the September 30, 2025, Final Budget Review Meeting, Walsh County officials discussed significant adjustments to the county's budget and levy limits, which could have a direct impact on local residents. The meeting highlighted a potential increase in the county's general budget, allowing for an additional levy of $134,000 while remaining under the 3% cap.
The discussion centered around the county's cash reserve projections, which currently stand at $3,050,000. This figure supports a maximum levy limit of $4,100,000, allowing the county to adjust its financial strategies without exceeding the established cap. The officials noted that last year's total levy was approximately $3,956,003, and with the new calculations, the county could potentially levy up to $4,074,953.
A key point raised was the impact of new property tax values, which, when factored in, could increase the county's overall value by an additional $506,000. This growth, combined with the allowance for new property, could enhance the county's financial flexibility, enabling it to address community needs more effectively.
In summary, the meeting underscored the county's careful management of its budget and levy limits, ensuring that any increases remain within regulatory caps. This proactive approach aims to enhance the county's financial health while supporting essential services for residents. As Walsh County moves forward, these discussions will play a crucial role in shaping the community's fiscal landscape and addressing public needs.