County budget OK’d with 12-cent tax increase
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With no opposition, the County Commission approved the 2024 budget Monday with a 12-cent property tax increase.
That means the property taxes on a $100,000 home in Franklin County areas outside city limits will increase $30 annually from $467.50 to $497.50.
The average home value in Franklin County is $230,000, meaning the taxes on that assessment would increase by $69 annually, from $1,075.25 to $1,144.25.
Franklin County’s cities have a lower tax rate than the outside areas because municipal governments provide some of the services the county normally offers to rural residents, but the county tax rate for those communities will also increase by 12 cents.
The commission approved the budget 16-0.
Commissioners have said that the county has been facing difficult financial times, and a property tax increase would have been difficult to avoid in balancing the budget this year.
The county’s overall budget totals more than $90 million with the School System’s budget at $54.1 million in total expenditures.

