Knox County Plans 12.74 % Increase in Spending

Knox County Plans 12.74 % Increase in Spending

Knox County Plans 12.74 % Increase in Spending

By Mike Scott

Knox County will spend nearly $300,000 more in 2010 than the county did in 2009, according to the budget passed by the Knox County Commissioners.  In 2010, the county expects to spend just over 2.6 million dollars, up from $2.3 million last year, while taking slightly more money than last year.
On the revenue side, the county started 2010 with $536,867.12 in available cash.  Property taxes are expected to bring in $606,748, and sales taxes will total $550,000.  Another $629,767 will come from intergovernmental sources.  The county will charge $240,161 in fees for services, and interest will generate $,   .Knox County expects $149,497.15 from other sources, and will make a $133,167.99 operating transfer, for a total available revenue of $2,332,538.14, which is up $37,874.63 from 2009 actual revenue.
The county has budgeted to spend a total of $2,601,916.09 in 2010, up $294,101.69 from 2009 spending, an increase of 12.74 percent.
A summary of the 2010 budget, with comparisons to 2009 actual spending, can be seen below.

You must be logged in to post a comment Login