Report on the library taxing district’s tax rates for 2022
The Hancock County Fiscal Court held its monthly morning meeting on October 11 at 9 a.m. A light agenda greeted the magistrates Monday. Hancock County Library Director Tina Snyder appeared before the court to report on the library taxing district’s tax rates for 2022.
Snyder said the real estate property tax and the personal property tax rates are each 11.5 cents per $100 of assessed valuation. The motor vehicle tax rate is 3.99 cents per $100 of assessed valuation.
“We kept the tax rates the same,” Snyder said. “This rate provides $68,554 less tax money than the previous year.”
Snyder said the tax rates should bring in approximately $994,719 in 2022. She said the reduction in inventory at local industries led to the revenue decline. The library’s budget for 2022 is $1,046,450.
Hancock County Judge/Executive Johnny “Chic” Roberts liked the news from Snyder.
“I know like we did, you held your tax rates the same,” Roberts said. “For us it is going to be about $38,000 less money than we operated on last year. “I appreciate you guys holding your rates in check. It is not always easy, but when you can do that it helps our community.”
In other action
Occupational tax report:
Judge Roberts reported year-to-date revenue collected at $1,259,339.22. He said that figure is up from $1,075,953 from this time last year.
Roberts also read the August and September Ambulance reports. Roberts said August showed a balance of $81,000 and September a balance of $86,217.
Roberts reported a balance on hand for September of $7,583,445. He said this amount is up from $5,689,845 from this time last year.
Jailer Roger Estes collected $196 in Jail fees in September.
Senior Services Report:
Senior Services Director Lona Morton said the centers are still closed due to the ongoing COVID pandemic. Morton also said she is working on the three year request for proposal with the Green River Area Development District which will provide funding for the centers for the next three years.
Industrial Foundation report:
Hancock County Industrial Foundation Director Mike Baker reported the September unemployment rate at 3.7 percent. He said the rate translates into less than 100 work eligible people being unemployed.
By Ralph Dickerson