Nash budget avoids tax increase | The Enterprise
The Enterprise

Nash budget avoids tax increase

Posted on May 30, 2022

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The Claude Mayo Jr. Administration Building is shown in a Nash County government photo.

Contributed photo

The Claude Mayo Jr. Administration Building is shown in a Nash County government photo.

NASHVILLE — New Nash County Manager Stacie Shatzer continued her predecessor’s hot streak when she submitted a new 2022-23 fiscal year budget to county commissioners last week with no need for a property tax increase for the 13th year in a row.

Shatzer, who replaced the retiring Zee Lamb at the beginning of the year, recommended the property tax rate remain 67 cents per $100 valuation.

The proposed balanced budget, which includes all funds, is $121,536,411, more than $6 million higher than the current overall approved budget of $115,356,660.

The bulk of that increase comes from the proposed general fund budget of $106,316,300, which is $5,981,726 — or 5.96% — greater than this year’s original budget.

But according to Shatzer, the county was able to meet the increase without boosting tax rates because of increases in the county tax base “due primarily to new construction, increases in personal property and registered motor vehicles.”

The county has also been helped in recent years by a strong performance from its tax office, which this current year had an overall collection rate of 99.16%, including 100% of motor vehicles.

The proposed county budget doesn’t include any major capital spending, but it does include an overall 2% cost-of-living adjustment. The spending plan also would fund a new shift structure for Nash County Emergency Medical Services.

Other major increases in the new budget come from required increases in state health and retirement benefits, plus a 62% increase over this year in its appropriation for gasoline expenses. The county set aside $5.5 million of the fund balance as a balancing factor but generally doesn’t use it.

Commissioners will hold a work session at 1:30 p.m. Thursday to make any last-minute budget tweaks before submitting it for the required public hearing at their regular monthly meeting on June 6.

Local government budgets must be balanced and approved by the end of June.

“It was very well presented,” said Commissioner Dan Cone. “It looks like you’ve done a good job, and we appreciate it.”

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