County commissioners begin their first budget meetings with department heads Thursday as they consider a quarter-mill decrease in the county’s property tax rate along with a sobering assessment by County Manager Penny Postoak Ferguson that revenues will not keep up with expenses over the longer term. “We’ve got to really prepare ourselves in the coming budgets,” Postoak Ferguson told commissioners as she outlined her proposed budget last week. During that presentation, she said current trends in housing valuations and tax revenues will continue to put pressure on the county’s property tax rate, or mill levy.
Source: Johnson County Post
