Rhea Commission likely to tap fund balance - WRCBtv.com | Chattanooga News, Weather & Sports

Rhea Commission likely to tap fund balance

DAYTON, Tenn. (AP) - The Rhea County Commission will meet in special session Sept. 27 to approve a county budget.

None of the members are pleased with a proposal to plug a $667,000 deficit by using cash from the county fund balance. However, the Chattanooga Times Free Press ((http://bit.ly/OGLE5c) reported that at a Tuesday meeting, a recommendation was approved.

Projections show the remaining cash on hand would be about $387,000 if the fund balance is tapped.

Commission member Bill Hollin voted against making the recommendation, predicting the county would be broke by January. Hollin noted the county tax rate of $1.7496 is among the lowest in the state.

But Commissioner Ronnie Raper replied he asked two and a half months ago if his colleagues wanted to raise taxes and none did.

 

Information from: Chattanooga Times Free Press, http://www.timesfreepress.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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