Commission passes 2.68 tax rate
Tuesday, September 1, 2015 8:44 am
Cannon County Commission passed appropriations and set a 2.68 tax rate for for 2015-16 during a special meeting Monday (Aug. 31).
"While a member of the Cannon County Audit Committee, I began observing the financial woes of our county beginning in 2011. I watched as your county's General Fund was drained from $1.34 million in 2009 to a mere $106,000 at the end of the 2014/15 fiscal year, ending on June 30th," Steakley said.
"The hole that has been dug is deep. But, all is not lost. This term has been quite challenging for this commission. I am confident that, with this new group of commissioners, we can get our financial deficiencies back on track," Steakley said.
"This proposed budget is the result of searching every avenue of cost savings and revenue distribution. I am of the belief that property tax is the most unfair tax that can be levied on a citizen," he continued.