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2011-2012 Budget Information Colfax
County has a fiscal year (July 1 – June 30) operating budget of $12,208,784.52
for 2011-2012. $4,450,871.87
of the whole budget comes from property taxes. The new county levy is .38900
and cannot exceed .5000 and must include any rural fire district levies,
county Ag Society levy and Platte Valley Drainage levy. The combined levy of
the county and the miscellaneous levies is .4690. This allows for growth of
approximately $354,699.36, in additional property taxes before the county and
miscellaneous funds will reach the maximum levy of .5000. The county
maintains a $1,000,000.00+ balance in the Inheritance Tax Fund. These funds
are used for emergency expenses only. The
county carries $850,800.00 in cash reserves. These cash reserves sustain the
county operations during times when revenues are low during the year and
guarantees a cash balance forward at the beginning of a new fiscal year. The
commissioners and various county offices have submitted their proposed budget
requests for 2011-2012. Current valuation certified by the The
budget has been adopted and approved. A copy is on file with the State
Auditor and County Clerk. For more
information on the county budget, contact Rita M. Mundil, Colfax County
Clerk, and 402-352-8504. Or
emailing the clerk at colfax@megavision.com |
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