This Letter to the Editor is in response to our recent article “Revaluation Appeal Deadline is Friday” that ran on April 25, 2023. (CLICK HERE)
Dear Editor:
"Our Lincoln County projected revenue is $136,240,147 with projected expenditures $143,492,147."
I red flag BS. Take a look at audited ACTUAL County revenue over the past four years.
- FY 2019 was $117,229,525.
- FY 2020 was $130,018,478.
- FY 2021 was $141,806,853.
- FY 2022 was $156,939,779.
If the above quote were true, cost would be decreasing to 2020-2021 levels, and we could see a tax decrease.
Lincoln County took in $39,710,254 more in FY 2022 that in FY 2019, which is a net increase of 33.87% over four years.
I'll bet that there are very few people who can say that their incomes have increased 33.87% over four years. Do YOU concur with this level of spending? I don't.
And now we're going to see another huge tax increase in FY 2024.
George Barr