Clark County To Spend $5.3 Million In 2021

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By Mike Scott

Clark County will spend less in 2021 than it did in 2020.

According to the 2021 budget, passed earlier this month, the Clark County is starting the year with $1,350,115.77 in cash available.  2021 revenues are expected to be $4,726,309.42.  The budget appropriates $5,337,477.39 for various expenses.

In 2020, Clark County spent $6,323,850.72, which included over $800,000 in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding that was given to the county to distribute.

The county’s revenue is starts with the 2021 assessed valuation, which is unchanged from 2020 at $123,419,465.  The tax rates for the General Revenue and Road and Bridge funds is also unchanged.  The General Revenue tax rate is $0.3635 per $100 assessed valuation, and the Road and Bridge tax rate is $0.7037.

The chart below shows the starting balance, 2021 Revenue, and 2021 Appropriations.  It also compares the Appropriations to the actual amount spent in 2020, and lists the difference.

The two largest funds in the county are General Revenue, and Road and Bridge.

The General Revenue fund includes the salaries and expenses from the Commissioners, County Clerk, Treasurer, Collector, Recorder, and Public Administrator, Coroner and Prosecuting Attorney,  as well as building maintenance costs and some court expenses.  The General Revenue Fund started the year with $345.735.47 in cash available, and expects to take in $1,103,303 in 2021 revenue.  $1,193,443.97 has been appropriated for 2021 expenses, leaving a net ending balance of $255,604.50.

The Special Road and Bridge Fund started 2021 with $123,859.05 in available funds.   The county expects revenues to be $1,640,729, which includes $789,738.17 from local property taxes, and $681,607.50 from other governmental sources.

Expenses in the Road and Bridge fund are expected to be $1,764,494.

The two largest differences on the chart involve the courthouse financing.  Last April, Clark County used $500,000 of the then $619,984 in accumulated funds to reduce the principal on the courthouse bond, and achieve a lower effective interest rate, saving taxpayers over $300,000.