Mon County To Lower Levy Rates 2nd Year In A Row (public school, income)

[WVUmatt]

"The Monongalia County Commission approved a $35,782,622 budget for fiscal year 2019-’20 on Wednesday based on a further reduction in the county’s levy rate."

"Pending state approval, this will be the second year running that the commission has lowered its levy rate — from a Class I (base) levy rate of 12 cents per $100 in the 2017-’18 fiscal year, to 11.88 in the current budget, to a proposed base rate of 11.75."

"Commissioner Sean Sikora said Monongalia County was one of only five counties to lower levy rates for the current fiscal year and currently has the third lowest rate in the state."

"The county’s $35,782,762 proposed budget represents a 1.59 percent increase over the $35,142,781 budget approved this time last year."

"The spending plan estimates $8 million in carryover, nearly half of which comes from a $3.5 million contingency fund. That represents 10 percent of the budget, which is the maximum the county can carry."

"“This budget has a fully funded contingency account for the first time that I’m aware of in Monongalia County,” Sikora said."

"The budget also includes $1.4 million in grant funding in response to approximately $1.7 million in agency requests."

https://www.dominionpost.com/2019/03...illion-budget/

[CTMountaineer]

Instead of spending increased income from business growth, Mon County, which is close to becoming the county in West Virginia with the largest GDP, is lowering taxes which helps attract even more business. The county is fiscally sound, and has implemented numerous civic improvements that are well funded. High Tech is one of the growth areas in terms of business.

In spite of the new public amenities and first rate public school system, there are only 4 counties in West Virginia that have lower tax rates.


https://www.wvnews.com/news/wvnews/m...dc2a894b3.html