News
14 percent valuation hike yields 11 percent levy decrease
Tax requirement increases $112,000

FALLS CITY -- The Richardson County Board held a budget hearing Wednesday that includes a levy decrease of 11 percent following a valuation increase of 14 percent.
The county’s 2022 levy for the general operating budget was 37 cents. It was decreased to 33 cents this year.
Expenditures, including ARPA and inheritance tax, are down 4.7 percent year over year. Expenditures were $21 million in 2022 and $20 million this year.
The tax requirement, which includes a jail bond and $400,000 cash reserve, increases 1.9 percent.
