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Commissioners warned state excise-tax pause could create large shortfalls for counties
Summary
A speaker told the board the state's suspension of an excise-tax relief is producing a projected statewide shortfall (cited around $52 million), which counties may need to offset; commissioners discussed timelines and possible extensions.
A commissioner reported that the state's suspension of a gas excise tax relief program has produced a projected shortfall the board cited at roughly $52,000,000 statewide, and said counties will likely need to "make that up." The group discussed timing: an extension decision may be required in early August, and the county will monitor options.
"52,000,000, the state each month is predicting a shortfall, so we're gonna have to make that up," one speaker said. Commissioners noted the shortfall will affect county projections and flagged it for budget planning during upcoming hearings.
