The Knox City Council formally adopted the 2017 budget during a brief meeting last night. Clerk-Treasurer Jeff Houston says it’s pretty straightforward.
“The budget is $2.9 million, and we’re asking for $1.5 million in levy, in property taxes,” he explained. “This is just an estimate for next year. We always have to move things around a little bit, maybe do an additional appropriation. We try to avoid those if we can and have to do a transfer of funds occasionally to make sure we have enough appropriations. But, to the best of our ability, this is what we came up with.”
Council members adopted the budget unanimously. Houston will formally submit it to the State Board of Accounts today.