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Madison County council hires consultant to model property-tax changes and rejects immediate hiring freeze
Summary
The council approved a $15,000 contract for a vendor to run parcel-level modeling of Senate Bill 1’s effects on county property-tax revenue, while rejecting a proposed hiring freeze after debate about which departments could absorb staff cuts.
Madison County Council approved a $15,000 contract on Wednesday to hire a vendor to model how state changes under Senate Bill 1 could affect local property-tax revenue, even as the body rejected a countywide hiring freeze after heated debate.
The council voted to contract Reedy Financial to conduct an eight-year, parcel-level analysis intended to show projected revenue impacts through 2033. Chair (speaker 2) said the work is meant to avoid last-minute surprises at budget time: "I really, really think it's important that we move forward with hiring them to ascertain ... Senate Bill 1 on our property taxes so that we know that information earlier rather than at the last minute like we did last year," the chair said.
Why it matters
The auditor told the council that property taxes make up roughly half of…
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