Dearborn County Cum Cap Development
Dearborn County, like any other county, needs to balance its expenses with revenue. The proposed re-establishment of Cum Cap Development (CDD) fund to 0.0333, the original rate which was reduces yearly by State Statute can now be frozen at that the proposed rate, and will support that necessary financial balance. The rate increase for a $150,000 assessed value home with a Homestead exemption amounts to $5.50 per year less than a dollar per month or $12.45 per year on a home without a Homestead exemption.
- CCD can be used equipping the Jail, the Juvenile Detention center, Purchasing vehicles for the Sheriff’s Department
- Maintain all our existing buildings
- Repair of bridges, approaches, and grades separations
- Purchase of voting machines;
- Purchase, lease, upgrade, maintain, or repair computer hardware, software, wiring and computer networks, and communication access systems used to connect with computer networks or electronic gateways; just to mention a few.
Some examples of the County’s increasing expenses:
The cleaning and paper supplies budget has gone up from $65,000 to $90,000.
Cell locks in the jail will need to be up graded soon. That will be a major expense.
Per the Maintenance Director, plumbing supplies have skyrocketed and the inmates are constantly causing issues with the showers and toilets.
The maintenance department needed an additional amount last year from CCD of $30,000 for mechanicals and will need a projected amount of an additional $50,000 this year.
The real problem is inflation and that is out of our control.
Cost Savings efforts – Commissioners budget has been reduced over 500K in the last 6 years. This year alone it was reduced 350K.
Potential effects of 0.033 Re-Establishment of CCD
on the tax bill for $150,000 properties
Submitted by County Commissioner Jim Thatcher
