CATEGORY: Tippah County
HED: Tippah budget up, taxes are a mixed bag in 1998
By Jane Clark Summers
Daily Journal Corinth Bureau
RIPLEY - Tippah County's budget for 1998 is up $552,772 over the 1997 budget, which ended on Sept. 30.
The board of supervisors approved a budget totaling $8.89 million for fiscal 1998, up 6.6 percent from the 1997 figure of $8.34 million.
The new budget went into effect Oct. 1.
Taxes are expected to rise overall in some districts because of variations in debt service.
The amount necessary to be raised by tax levy is $6.06 million. The county school budget, which is included in the general county fund, totals $2,414,380.
To fund the budget, supervisors set the following millage rate for their districts:
- District 1 - 105 mills, up 2.1
- District 2 - North Tippah School District, 103.74, up 0.75; South Tippah School District 98.81, down 1.47
- District 3 - 100.47, down 0.6
- District 4 - 102.36, down 0.52.
- District 5 - North Tippah School District 103.87, down 0.62; South Tippah School District, 98.94, down 2.84.
The North Tippah School district tax levy is 33.25 mills and the South Tippah School District tax levy is 33.44 mills.
One mill is equal to $1 for each $1,000 of assessed property value.
The general fund budget approved by the board of supervisors totals $4.63 million for fiscal 1998.
The general fund will require 29.75 mills of the 1998 tax levy.
Public safety is budgeted at $794,569 for fiscal 1998, compared to $825,765 for 1997.
Public works has a budget of $2.36 million, up from the 1997 budget of $1.75 million.
Health and welfare is budgeted at $329,150, up from $284,419.
Culture and recreation rises slightly from $85,200 to $87,000 for 1998. Conservation of natural resources is down for 1998 at $80,253, compared to $82,924 in 1997.
Funding for economic development activities is unchanged at $113,000.
The 1998 year's ending cash balance is projected at $200,000, up from the $134,681 projected for 1997.