{"id":19890,"date":"2024-09-19T16:04:20","date_gmt":"2024-09-19T20:04:20","guid":{"rendered":"https:\/\/wzbd.com\/?p=19890"},"modified":"2024-09-19T16:04:20","modified_gmt":"2024-09-19T20:04:20","slug":"25-decatur-budget-shows-only-a-slight-rise","status":"publish","type":"post","link":"https:\/\/wzbd.com\/index.php\/2024\/09\/19\/25-decatur-budget-shows-only-a-slight-rise\/","title":{"rendered":"’25 Decatur budget shows only a slight rise"},"content":{"rendered":"\n

By BOB SHRALUKA<\/strong><\/p>\n\n\n\n

WZBD.com<\/em><\/p>\n\n\n\n

The City of Decatur’s budget for 2025 is showing only a slight rise from the current one, due mainly to two factors, including one which is quite positive.<\/p>\n\n\n\n

The budget passed on two readings by city council Tuesday night \u2013 with one more required for approval \u2013 is established at $13,554.395.<\/p>\n\n\n\n

That’s an increase of just $39,536 over the current number of $13,514.859.<\/p>\n\n\n\n

If given final approval and eventually gaining state okay, the tax rate for next year would be $1.1961 per each $100 of assessed valuation \u2013 a slight drop from the current $1.212.<\/p>\n\n\n\n

Before any final approval, however, council will hold a public hearing to allow time for comments, for or against.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

One factor in the small increase is that the current budget contains $696,050 in American Rescue Plan Act (ARPA) funds. ARPA funds were sent out all over the country to aid relief efforts in the wake of the pandemic.<\/p>\n\n\n\n

Decatur received approximately $1.2 million and currently has the nearly $700,000 unspent.<\/p>\n\n\n\n

Local governments must return any grant funds not obligated to the U.S. Department of Treasury by the end of 2024; thus, Decatur’s money was placed in the current budget. It has to be allocated in 2025.<\/p>\n\n\n\n

Meanwhile, an immensely positive sign is the city’s large jump in assessed valuation: $28 million!<\/p>\n\n\n\n

\u201cThat’s a fairly big jump,\u201d Clerk-Treasurer Kevin Hackman said. Thus, the slight dip in the tax rate for next year.<\/p>\n\n\n\n

Mayor Dan Rickord offered some words of praise for Hackman and his staff. The ’25 budget is the first one Hackman has prepared in his initial year in the office.<\/p>\n","protected":false},"excerpt":{"rendered":"

By BOB SHRALUKA WZBD.com The City of Decatur’s budget for 2025 is showing only a slight rise from<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[14,15,21],"class_list":["post-19890","post","type-post","status-publish","format-standard","hentry","category-news","tag-decatur","tag-featured","tag-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/19890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/comments?post=19890"}],"version-history":[{"count":1,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/19890\/revisions"}],"predecessor-version":[{"id":19892,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/19890\/revisions\/19892"}],"wp:attachment":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media?parent=19890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/categories?post=19890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/tags?post=19890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}