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Piedmont District representative Charles K. “Pete” Estes said he would favor retaining the 77 cent rate to keep from having to raise taxes for the next budget.
“Next year will be a different ballgame,” Mr. Anderson said, referring to the fact that next year’s tax rate will be based on a new reassessment.
“The reassessment will have no impact,” Col. Bingham said. “The taxpayers’ dollar may not sound like 77 cents, but 67 cents could take more out of his pocket. ”
“I’m the new kid on the block,” Mr. Anderson said. “But that sounds like a lot of surplus to hold.”
Mr. Estes reminded the board of the time the surplus was cut so close the county had to borrow money to meet the payroll. “It doesn’t show fiscal responsibility to cut it that close,” he said.
Supervisor Chairman Hubert Gilkey noted that all county departments including the schools had tried to cut their budgets for this year. “I don’t think we can look at them with good faith if we ask them to hold down costs and then cut the rate. It will help us more in the future than if we cut two cents tonight.”
“It looks like I’ve got a losing argument,” Mr. Anderson said. “I’ve been getting some flack about why we should be holding that much money in surplus.”
“How much flack do you think we had to take when we had to borrow money?” Mr. Gilkey asked.
Col. Bingham’s motion to pass the budget w'ith current tax rates passed unanimously.
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