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The Chairman advised that the first millage quoted will be <br />the aggregate millage which is arrived at by adding all the ad <br />valorem taxes levied by the governing body for countywide <br />purposes plus the ad valorem taxes levied for all dependent <br />districts divided -by the total taxable value of the county. <br />Rollback is the rate which is exclusive of ad valorem taxes on <br />new construction and annexations. The proposed aggregate millage <br />is 7.4235; which is a 3.7% increase over the rolled back millage <br />which was 7.1634. <br />The Chairman then addressed the General Fund and informed <br />those present that the millage reflected on the TRIM Notice is <br />5.0386. This has since been reduced to a millage of 4.9673, <br />which is a 5.4% increase over the rolled back millage of 4.7137. <br />The proposed budget for the.General Fund is $28,028,20-3. The <br />major reasons for the increase over rollback in the General Fund <br />are: <br />A) $1,000,000 for construction of Libraries. <br />B) The Sheriff's budget is up $799,885 due to a full year's <br />effect of the officers phased in for operation of the new <br />phase of the Jail. <br />C) Transfers Out - $310,249 increase, the majority being for Road <br />and Bridge. <br />D) Salary Reserve - $852,698 increase. This is for salary <br />increases for the Board of County Commissioners and Sheriff's <br />employees arising from the salary study which is yet to be <br />fully implemented. There is also an increase in our health <br />insurance program which provides medical coverage for <br />employees. <br />E) Cash Carry Forward - a $200,000 increase. The Chairman <br />explained that this is money to hold us over so we can meet <br />current expenses from October 1, 1988, to December of 1988 <br />when the tax revenue begins to flow in. <br />10 <br />1900K 74 D'UE117 <br />