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County staff presents three budget scenarios; board schedules follow‑up meetings and a special budget session
Summary
County staff presented three options to close next year’s budget gap — a 3¢ tax increase with no immediate debt, a 2¢ increase with $6 million of debt funding, or a 2¢ increase without debt — and the board scheduled follow‑up meetings to refine capital priorities.
Madison County staff presented the county’s proposed FY26 administrative budget and three scenarios to address a projected gap between revenues and capital needs; the Board of Supervisors discussed tradeoffs between tax increases, debt financing and capital deferrals and scheduled follow‑up meetings to refine priorities.
Staff laid out three scenarios: Scenario 1 would impose a 3¢ real‑estate tax increase in FY26 and delay additional debt until FY27; Scenario 2 would impose a 2¢ tax increase and authorize up to $6,000,000 in additional debt funding to be deposited in the county’s SNAP account for two‑year capital needs; Scenario 3 would impose a 2¢ increase and no additional debt, which staff said would require roughly $300,000 in…
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