Macon County Commissioners unanimously voted to pass the 2008-2009 budget which totaled $46,530,923. They also raised the propert tax rate from 24.5¢ per $100 evalualtion to 26.40¢, an 8% increase.

Despite the November referendum which rejected $64 million in bond referendums, the commissioners went ahead and secured $20 million in financing from BB&T at 4.59% over a 20 year period. A public hearing is required before the agreement can be finalized.

Source Material: Franklin Press

A copy of the May 12, 2008 BUdget Message is below. Copies of the approved budget are not yet available.

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