Clay County Board of Supervisors approves millage rate

By: 
Mary Rumore
Staff Writer

The Clay County Board of Supervisors unanimously approved the budget and millage rate for the 2017-2018 fiscal year during a public hearing Friday morning.

The millage rate for District 1 is 50.74 mills, District 2 is 50.42 mills, District 3 is 50.49 mills, District 4 is 50.39 mills and District 5 is 50.22 mills.

Chancery Clerk Amy Berry said the average county wide millage rate is 50.72, which is an increase of 1 mill from the last fiscal year.

The assessed value for the county for the fiscal year ending Sept. 30, 2018 is $197,365,865, which is an increase from $185,311,222 in the previous year.

The assessed value of District 1 is $72,641,645, which includes the Yokohama Tire Corporation facility. The assessed value of District 2 is $39,148,429, District 3 is $31,744,255, District 4 is $23,237,085 and District 5 is $30,594,541.

The total assessed value by ad valorem taxable sources including real property, personal property, public utilities, mobile homes and motor vehicles is $153,162,635.

Berry said this amount does not include Yokohama because it is not included in ad valorem taxable sources.

In 2016, Clay County received $5,555,884 in ad valorem revenues, $2,591,133 in state fund revenues and $1,757,108 local fund revenues. In 2009, 46 percent of revenues came from ad valorem taxes, 36 percent came from state funds and 18 percent came from local funds. In 2016, 56 percent came from ad valorem taxes, 26 percent came from state funds and 18 percent came from local funds.

Berry said there has been a trend of county revenue coming more from tax payers than state funds throughout the last few years.

“There is an increase in ad valorem revenues this year,” Berry said. “There is an increase of about 1.75 mills and a lot of that is due to the county being required to fund the digital mapping system by the Department of Revenue, court reporter raises and the commitment to the Communiversity project with East Mississippi Community College.”

The total general government expenditures increased $161,167 to allow for those three expenses. However, the total budgeted expenditures for the year is $10,757,915, which is a $1,343,855 decrease from last year.

The total debt for the county is $375,353, which is a $48,951 increase.

The budget summary for fiscal year 2017-2018 shows a beginning cash balance of $5,462,448, ad valorem revenue of $5,828,265, regular revenue of $4,927,940, expenses of $10,817,915 and ending cash balance of $5,400,738.

Berry said a county court administrative fund was added this year with $260,000 in revenue.

“We’re being proactive and setting up this reserve fund for our new county court complex,” Berry said. “We’re setting these funds aside as a cushion for that project.”

A complete copy of the 2017-2018 budget is available at the Chancery Clerk’s office in the Clay County Courthouse.

“I would like to commend this board for their diligent effort to prepare this budget,” Berry said. “They worked very hard.”

OTHER BUSINESS

—During Friday morning’s meeting, the Clay County Board of Supervisors unanimously accepted a motion made by Clay County Sheriff Eddie Scott to use Evans Plumbing to repair a damaged sewer pipe at the Clay County Health Department for approximately $6,000. Scott said Evans Plumbing and inmate labor would repair the pipe and replace the approximately six foot by 8 foot concrete slab and flooring.

—The board unanimously approved an intent to change the name of Miloam Road in District 3 to Johnny Wray Road to avoid confusion. District 3 Supervisor R.B. Davis said there would be no address changed with the change of the road name.

—The board also unanimously approved a lease purchase bid from Hancock Bank for 48 months with a $3,476 monthly payment for a chip spreader that was acquired earlier in the year.

The board will meet again at 9 a.m. Sept. 28 at the Clay County Courthouse.

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