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Auditor and prosecutor flag pending state bills; auditor reports levy-growth denial tied to reserve level
Summary
County auditor reported the county was denied a maximum levy growth quotient for 2025 because of high reserves; the auditor and prosecutor briefed council members on several state bills that could affect county finances and prosecutor salary matching.
Boone County Auditor Crum told the council the county's application for the maximum levy growth quotient was denied for 2025, in part because auditors calculated the county's reserves at approximately 55 percent. The auditor said accountants at Baker Tilly advised that the county's reserve level suggested the county had sufficient funds to cover the projects for which it sought borrowing.
"They base it on the last 4 years," the auditor said, describing how the reviewer looked at reserves and found an increase from 42 percent in 2021 to about 55 percent in 2024. The auditor suggested a path…
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