Boone County’s gross sales tax state of affairs has turn into so dire that it ought to increase the property tax to compensate for declining income, County Auditor June Pitchford stated in her proposed finances for fiscal 2020.
The primary in a collection of public hearings on the proposed finances is scheduled for 7 p.m. Tuesday within the Boone County Fee chambers on the Roger B. Wilson Boone County Authorities Middle. Pitchford’s finances plan proposes spending a complete of $85.eight million, down 2% from this yr.
Gross sales tax is the first concern addressed within the proposed finances. The tax, which accounts for round 68% of whole income for almost all of county operations and companies, has been on the decline for the previous a number of years. Pitchford blames untaxed on-line retail gross sales for the drop and referred to as the state of affairs “alarming.”
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