County budget down, but some property owners' taxes could go up
Friday, October 18, 2013 08:30 am
Some property owners may see a small tax increase to pay for Allen County's 2014 budget. County Council Thursday approved a total budget of about $159.3 million, which includes a general fund of about $72.43 million. This year's budget of $159.55 million includes a general fund of $73.4 million, Auditor Tera Klutz said.
The 2014 includes a 2 percent raise for county employees. Because the budget includes an increase in the amount of taxes that can be collected and because assessed value of county property has increased by 1.2 percent, some owners' taxes could increase by about 1.4 percent unless their homes are already taxed at the maximum of 1 percent of their assessed value established by state law.