A $68.6 million Door County budget was approved during the annual budget meeting of the Door County Board Tuesday morning. The budget features a tax levy of $25,011,368 & a tax rate of $3.55 per$1,000 of valuation for county purposes. Finance Committee Chairman David Lienau says development of the budget did not happen overnight…[audio:http://wdor.com/wp-content/uploads/2012/11/N1710.mp3|titles=David Lienau]
Lienau says there is a reason why Door County is fiscally sound at a time when some municipalities in Wisconsin are struggling…[audio:http://wdor.com/wp-content/uploads/2012/11/N1711.mp3|titles=David Lienau]
Based upon criteria set up prior to the budget process, the 2013 budget contains no borrowing, uses all of its levy capacity & protects the county fund balance while transferring almost $434,000 from the “rainy day” fund to offset the tax levy.