Rockwall County’s tax rate is likely to increase very slightly this year to begin making debt payments for the new $11.5 million library, which voters approved in 2004.
Last year county commissioners cut the tax rate from 35.07 to 35 cents per $100 valuation, but this year the County must also begin paying off debt on the planned $30 million justice center, though that will have less impact for now on the tax rate.
Although the county expects to receive $1.6 to $1.9 million in new tax revenue in 2009, commissioners must still pay for rising costs and salaries – especially for library operations. The bonds don’t pay for library salaries and other expenses, and those could add $1 million to the $21 million general budget.
County Judge Chris Florance is scheduled to propose the first budget draft July 31. Then commissioners will make revisions, hold two public hearings and vote for the final budget on Sept. 9.