Meade County adopts 2025 budget resolution, sets levy after debate on assignments and revenues

Meade County Board of Commissioners · September 24, 2024

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Summary

The Meade County Board of Commissioners adopted the 2025 budget resolution and means of finance after reducing interest estimates and moving several capital items into one-time assignments; the adopted levy totals 3.533 and the resolution passed by majority vote.

The Meade County Board of Commissioners approved the county’s 2025 budget resolution on Sept. 24 after finalizing means-of-finance changes and moving several highway capital items into one-time assignments.

Commissioners settled a number of revenue and assignment questions before the vote, including lowering the interest-income estimate from $600,000 to $400,000 and removing a $250,000 bridge-improvement grant from the County Road and Bridge operating budget so it would be treated as a one-time assignment. The board also agreed to apply $100,000 of highway cash to reduce the amount required from the general fund.

Why it matters: the actions lock in the formal appropriations and the mill levy the county will use for property-tax notices and make projects eligible for state and federal grant matching only if included on the county’s five-year plan or as assigned funds. Commissioner Rich Leggett moved the resolution; commissioners discussed several line items in detail before adopting the final document and directing staff to publish the updated means-of-finance spreadsheet in the official BoardDocs record.

Key details: the board recorded total county taxes to be levied at $12,514,123, for an overall county levy of 3.533. The motion to adopt the annual budget resolution and appropriations carried in the public vote; commissioners signed the resolution for record. The board also approved the Highway Department’s DOT-required five-year plan earlier in the meeting to preserve grant eligibility for listed projects.

What’s next: staff will post the final means-of-finance exhibits and appropriation totals to the record and proceed with any required assignments before year-end. The board signaled it will revisit assigned projects as grant opportunities arise and as contingency funds allow.