CANTON — Cherokee County is considering a reduced budget for fiscal 2014, due partly to fewer capital expenditures to build parks.
On Tuesday, the Board of Commissioners will hold a hearing during its regular meeting to solicit feedback from the public on the budget, which is planned to be down $20 million in expenses from the fiscal 2013 budget of $187.3 million.
Within the proposed $167.3 million budget for 2014 are increased revenue from the new title ad valorem tax on car tags and the $1.6 million sale of the Jones Building in downtown Canton. Commissioners are set to vote on the budget Oct. 1.
Lower payments for debt service on bond financing for Special Purpose Local Option Sales Tax projects that have now been paid off are also part of the $20 million budget reduction.
The county’s total operating budgeted amount is, however, up at $117.3 million, an increase of $1.75 million from fiscal 2013, mostly to fund raises for county employees.
Commissioner Raymond Gunnin said Friday the reductions in the budget are a positive sign for Cherokee County.