MOUNT VERNON — Financial projections for 2014 were shared by board of commissioners president Teresa Bemiller when the Knox County Elected Officials met Thursday morning at the Knox County Service Center. Budgets for the coming year have all passed with appropriations totaling $13,930,187, an increase of $569,663 from 2013. The certified but not appropriated budget for 2014 stands at $1,376,756, an increase of $334,975 from 2013. Carryover for the year amounts to $2,692,110.
Sales tax continues to be strong, said Bemiller, as it has helped sustain the county through large decreases in investment income, local government funding and the phase-out of certain taxes.
There have been no cuts in the budget, and there were no layoffs and no loss of services in 2013 experienced in other counties.
“I think everyone has paid good attention to their budget,” said Bemiller.
The rest of this article is available to Mount Vernon News subscribers. To continue reading, please log in or purchase a subscription. Login to the e-edition. The article will only be available for thirty (30) days.
Comments are closed.