Tax Increase Possible For Coffee County 2015-16 Budget
In other county news, Dr LaDonna McFall director of county schools recently requested an additional $1.4 million over last year’s budget to pay for four new teachers, four new school buses, salary increases across the board and more.
A $1.4 million budget increase for non-school departments would require a 14-cent tax hike. When it comes to schools, annual budget increases for the county school system require twice as much due to the state-mandated revenue sharing requirement with the school systems in Tullahoma and Manchester, even if the other schools are not requesting additional funds. This makes the actual budget request climb to $2.8 million.
County departments other than schools and the ambulance service are asking for around $625,000 in extra funding for their budgets for 2015-16. If all request are granted this could mean a property tax increase of approximately 36-cents.
One measure the Budget and Finance Committee hopes the full commission will do is to establish a capital projects fund for vehicles and other equipment costing $5,000 or more using surplus revenues of $325,000 available in the General Debt Service Fund. The new funding mechanism would improve cash flows, smooth out annual operating budgets for several departments and prevent a tax rate increase of 3.25 cents.
The county commission will meet Tuesday at 6 p.m. to further discuss the budget.