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Scott County finalizes 2020 budget

Holly Viers • Jun 22, 2019 at 2:30 PM

GATE CITY — The Scott County Board of Supervisors unanimously approved the county budget for fiscal year 2020 at an adjourned meeting on Thursday afternoon.

The final budget is similar to the draft budget that was presented during a public hearing on June 5. Also at that meeting, the BOS approved tax increases for the coming year, with only District 2 Supervisor Marshall Tipton voting against them.

Budget highlights

The county’s finalized budget includes:

• An allocation of nearly $2.3 million for the Scott County Sheriff’s Office

• An allocation of $456,500 for volunteer fire departments

• An allocation of more than $3.4 million for the Southwest Virginia Regional Jail Authority’s Duffield facility

• An allocation of $597,150 for capital projects, including SCSO vehicle replacements, a vehicle for the Economic Development Authority, optical scan voting machines and a $480,000 grant for a burn building, which will be available to local fire departments for training

• A general fund balance of nearly $26.4 million

Tax rates

As previously reported by the Times News, the tax rates for the upcoming fiscal year are as follows:

• Personal property: $1.65/$100

• Real estate: $.80/$100

• Machinery and tools: $.90/$100

• Merchants capital: $.72/$100

Over the next four years, supervisors plan to phase in a $1.40/$100 tax increase for machinery and tools by implementing a 25 percent, or 18-cent, increase each year.

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