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Lunenburg supervisors hear FY2020-21 budget that leans on reserves; tax increase flagged for 2021
Summary
County Administrator Tracy M. Gee told the Board the proposed FY2020-21 budget uses $854,916 of reserves and $150,000 from the solid waste fund; the school allocation meets state match but shifts $385,000 of school debt service to the county. Supervisors warned the practice may require a tax increase in 2021.
The Lunenburg County Board of Supervisors on June 11 held a public hearing on the proposed Fiscal Year 2020–21 budget, during which County Administrator Tracy M. Gee said the plan relies on $854,916 from county reserves and $150,000 from the solid waste fund.
Administrator Gee said the proposal leaves an estimated $6.7 million in reserve funds. She told the Board the budgeted local amount for the…
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