Daviess County Fiscal Court on Thursday approved a $113 million budget proposal for the upcoming fiscal year.
County Treasurer Jordan Johnson said that General Fund revenues are expected to remain steady, with a $500,000 budgeted increase in property tax revenues. He said adjustments to the revenues have been made in accordance with historical trending activity. The County also expects a 3.4% Cost of Living Adjustment (COLA) in the next fiscal year. The retirement contribution rates, published by the Kentucky Pensions Authority for 24-25, report the current taxes will remain constant.
- Total Budget Appropriations: $113,048,686
- General Fund: $58,793,224
- Road Fund: $7,123,900
- Jail Fund: $11,691,612
- Local Government Economic Assistance (LGEA): $271,500
- Economic Development: $1,770,000
- Bond Fund: $3,066,500
- Solid Waste Fund: $24,480,950
- American Rescue Plan Act (ARPA) Fund: $5,500,000
- County Clerk Permanent Storage Fees Fund: $351,000
The budget will go into effect July 1.
