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Register warns county will lose a portion of transfer-tax revenue after state change
Summary
The Register of Deeds told commissioners a state legislative change will reduce the county's share of transfer-tax disbursements from 10% to 9.2%, a projected multi-thousand-dollar reduction; the office also proposed using surcharge funds to buy a new scanning (KIP) machine and to update microfilm services.
Register of Deeds Matthew (last name not specified) briefed commissioners on revenue and postage-year changes, saying his office came in over projected revenue for FY25 but faces revenue pressure from an imminent state change that reduces county transfer-tax disbursement.
He said the state adjusted the transfer-tax disbursement from 10% to 9.2% —…
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