HENDERSON â Vance County Manager Jordan McMillenâs fiscal 2021-22 budget request holds the line against any increases in property tax rates, water usage charges and the household solid waste fee.
But even without those things, the manager proposes a 3% increase in âgeneral fundâ spending, the portion of the county budget thatâs supported by taxes.
McMillenâs request indicated that the county has a cushion to work with because sales-tax revenue â money Vance and other counties across North Carolina share with the state government â appears likely to clock in about $2 million higher than expected for fiscal 2020-21.
Because of the COVID-19 pandemic the county used âultra conservativeâ estimates of sales tax revenue as it was formulating the current budget in the spring of 2020, the manager said. Going forward, itâll assume a 2% increase in sales-tax money, which translates into about $10 million in annual revenue.