County expects another 10% budget cut
Assessor is hopeful for 4th quarter report
Another 10 percent reduction is expected to occur for the 2017-2018 budget, but county officials are hopeful the worst is behind the county.
“It is what it is,” Commissioner Don Van Matre, said.
According to County Assessor Pat Drinkle, the county assessment is expected to be down $250 million from last year, and is estimated to drop between $2.05 billion and $2.1 billion. Last year, the assessment finalized at $2.298 billion.
With each loss of $100 million in the valuation, the county’s budget is impacted by about $1.2 million. A loss of $250 million would result in about $3 million...
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