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Chickasaw supervisors debate lowering max levy as valuations climb; public hearings scheduled
Summary
Supervisors discussed proposed maximum levy rates and ending fund balances after an 8.8% valuation increase. Board members debated lowering levy multipliers to return value to property owners while keeping reserves for capital projects, and scheduled public hearings on proposed levies and a budget amendment.
Chickasaw County supervisors spent the bulk of their Feb. 17 meeting in a budget work session weighing proposed maximum levy rates, fund balances and several one‑time capital needs.
Finance staff presented levy scenarios built on recent valuation growth — roughly 8.8% countywide — and described how different levy multipliers would affect ending fund balances in general basic (GB), general supplemental (GS) and rural services (RSV). The…
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