New Budget Year Begins, $371 Million For Escambia, $5 Million For Century

October 2, 2011

Saturday was day one of a new budget year for Escambia County and also for the Town of Century.

For Escambia County, the total budget is $371.3 million. That’s down $6 million (1.6 percent) from the current 2010-11 budget of $377.3 million, and down $87.5 million (19 percent) from five years ago. Property tax rates are below the rolled back rate. [Read more...]

For Century, the 2011-2012 budget is up almost $1.7 million from last year — thanks to $1.9 million in grants. The $5,032,816 budget includes grant income and expenditures of $1,913,000. The grant funds are from state and federal sources — not local revenue or taxes. There will be no increase in ad valorem taxes in Century this year to meet this year’s budget. [Read more...]

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Written by William Reynolds · Filed Under News