County Board recommends 4¢ levy increase to address $1.1M budget shortfall

Grayson County officials are grappling with a significant budget shortfall, as discussions during the Board of Supervisors work session on April 17, 2025, revealed a projected deficit of $1.1 million in the general fund. This financial strain has raised concerns about the county's ability to meet its obligations, including funding for schools and county employees.

The county's cash flow issues stem from a reliance on property tax levies, which do not align well with the timing of expenses. Officials noted that the county often faces a cash crunch from July through October, complicating financial management. The current trend indicates that revenues are falling short of historical levels, prompting urgent discussions about potential budget cuts and revenue increases.

One key proposal on the table is a recommendation to increase the property tax levy by four cents, which could generate approximately $760,000. This move aims to address the ongoing financial challenges and stabilize the budget for the upcoming fiscal year. However, the board is also considering various reductions, including the elimination of several county positions, which could save around $300,000.

The meeting underscored the urgency of the situation, with officials emphasizing the need for guidance on budgetary decisions. A public hearing on the fiscal year 2026 budget is scheduled for May 8, 2025, followed by further discussions to finalize the school and county budgets by June.

As Grayson County navigates these financial hurdles, the decisions made in the coming weeks will be crucial in shaping the future of local services and community support.