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Woodbury County supervisors use reserves, set no-change property tax rate for FY27
Summary
The Woodbury County Board of Supervisors voted to reduce budgeted property tax revenue and shift reserves and transfers to cover projected shortfalls in FY27, signaling no countywide levy increase for the coming year. The board also approved a $173,448 transfer adjustment to avoid a negative balance in general supplemental funds.
The Woodbury County Board of Supervisors voted Tuesday to adjust FY27 budget lines and rely on reserves to avoid increasing the countywide property tax levy.
In a motion that passed unanimously, supervisors reduced property-tax revenue targets for general supplemental and rural basic funds so the mailed notices will show a "no change" levy. Board administration staff projected general basic cash of about $9.66 million (roughly a 23% reserve) and recommended shifting budget lines and transfers to prevent a deficit in general supplemental.
Ryan Erickson, board administration, presented the fund-level summary and three options to address a projected shortfall in rural/general supplemental: increase the levy, lower transfers to secondary roads, or reduce expenditures. Erickson said…
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