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By Amanda Greger Staff Writer The Holt County Board of Supervisors approved unanimously a $20.3 million budget following a public hearing this Tuesday. The fiscal year 2013-14 budget is a slight decrease from the 2012-13 budget of around $20.4 million. The budget will require a little over $7.2 million in property taxes to support it. This year's property tax requirement to fund the budget is approximately $600,000 higher than the previous year. The 2013 tax rate was approved at 34.9873 cents per $100 valuation, also slightly lower then the 35.1018 cent 2012 rate. The county's property valuation increased to $2,062,584,244 up from $1,895,986,710 the previous fiscal year. For a person with a house assessed at $100,000, the amount of property taxes paid to support county government will be about $349.87 in the coming budget. That's down from $351.01 the previous year, provided the value of the property did not increase. A variety of revenue sources are used to pay for county services. Besides property taxes, major revenue sources are: federal and state funds, transfers, cash on hand and local sources such as motor vehicle taxes, county fees, interest and bonds.
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