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Finance committee reviews draft general fund budget, levy options and grant requests; Senior Connections seeks a $75,000 increase
Summary
The committee reviewed the draft 2025 general fund budget and draft levy, heard funding requests from Growth Dimensions, Soil & Water Conservation and Senior Connections (Council on Aging), and discussed property-tax distributions and reserve transfers; staff projected higher revenues and proposed transfers to capital.
Boone County staff presented a draft of the fiscal 2026 general fund budget and a preliminary tax levy proposal during the finance committee meeting on Oct. 9, outlining projected revenues, reserve transfers and outside grant requests.
Administrator Becky Tobin (referred to in the meeting as Ms. Tobin/Tohman) told the committee the General Fund revenue projection on the draft spreadsheet shows revenue running above the current budget. Tobin said the county expects to receive roughly 97% of the property tax levy after the fourth distribution and that the county will transfer approximately $1.5 million into capital next year in addition to $6 million transferred this year — a combined $7.5 million in reserve transfers related to construction projects.
Treasurer (presenting earlier in the meeting) said the county has received about 97% of expected property taxes after the fourth distribution and reported delinquency data: about 1,001 parcels were delinquent out of roughly 24,000 parcels at the time of the…
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