The Pulaski County Council will continue working on the county’s 2020 budget tonight. Council members have begun suggesting significant cuts, but more specifics still need to be worked out before the budget is ready for adoption on October 14.
Discussions are also underway about changes to the county’s income tax structure. By cutting the portion of the local income tax earmarked for property tax relief while raising the “levy freeze” portion, the overall income tax rate could stay the same or maybe decrease slightly. But the resulting increase in property taxes would bring in about $900,000 in additional revenue for the county. Towns, libraries, and other taxing entities would also see more money. One option could lower the local income tax rate from 3.38 to 3.3 percent for 2020, and then down to 3.0 percent for 2021.
Tonight’s special Pulaski County Council meeting starts at 7:00 EDT in the Pulaski County Highway Garage.
