Grayson County commissioners rolled forward with their tax cutting budget for the 2020 fiscal year Tuesday.The county’s new fiscal year begins October 1.
The budget is built on a tax rate of $.416429 per $100 valuation. That means a homeowner whose home is worth $100,000 will see a tax decrease of about $23.94.
In the last four years, the court has cut the tax rate by 16 percent, Grayson County Judge Bill Magers reminded the court in his opening statements about the budget.
Commissioners approved a budget that allows for a 3 percent pay increase for county employees but that does not mean that each county employee will get such an increase. Department heads and elected officials are given enough money to cover a 3 percent raise for all of their employees but are also given the discretion to had that out as they see fit.
In addition, the budget includes some money set aside for some capital expenses including repairs to the spillway at Loy Park and installing radar at the North Texas Regional Airport — Perrin Field. Those items are expected to cost around $400,00 each.
The budget includes one new part-time employee for County Commissioner Precinct 4 and the upgrading of one part-time employee to full-time for the County Extension Office.
Though the county held a final public hearing on the budget, no one spoke out against the budget or in favor of it. After hearing no one address the matter, Magers called the public hearing on the budget to a close and commissioners approved both the budget and the tax rate.