This Letter to the Editor is in response to our recent article “Revaluation Appeal Deadline is Friday” that ran on April 25, 2023. (CLICK HERE)
"Our Lincoln County projected revenue is $136,240,147 with projected expenditures $143,492,147."
I red flag BS. Take a look at audited ACTUAL County revenue over the past four years.
- FY 2019 was $117,229,525.
- FY 2020 was $130,018,478.
- FY 2021 was $141,806,853.
- FY 2022 was $156,939,779.
If the above quote were true, cost would be decreasing to 2020-2021 levels, and we could see a tax decrease.
Lincoln County took in $39,710,254 more in FY 2022 that in FY 2019, which is a net increase of 33.87% over four years.
I'll bet that there are very few people who can say that their incomes have increased 33.87% over four years. Do YOU concur with this level of spending? I don't.
And now we're going to see another huge tax increase in FY 2024.