AP NEWS

Spearfish Rural Fire Protection sets budget at quarterly meeting

September 11, 2018

SPEARFISH — The 2019 budget was approved Sept. 4 by the Spearfish Rural Fire Protection District board of directors.

The new budget was set at $226,308, up from the 2018 budget of $214,700.

Board President Eric Jennings said there are two major factors that are contributing to the increase.

“Two things, the consumer price index, which is just an inflationary factor that is built into the formula for the contract for the fee to the city,” he said. “And the other one was the amount of growth evaluation in the district.”

The number of people within the fire district has increased in the last year, which means more money is being made available for the protection district to use.

Jennings said that even though the budget for the fire district has gone up slightly, homeowners shouldn’t see much of a change in the mill levy tax from which the district collects its funds.

“It’s the county that actually sets the mill levy,” he said Monday. “It’s a small enough increase in the budget, by the time you spread around the $489 million worth of evaluation in our district, it’s not a significant figure for each person.”

The current mill levy is set at .489, which means for every $100,000 of a home’s value within the district, the homeowner pays $48.90 a year.

“People are still going to pay $100 or less (a year) on a $200,000 home,” Secretary/Treasurer Ethan Burk added.

The increased budget will help cover the growing expense of covering the growing district, as well as administrative expenses for the districts board such as travel and equipment.

To read all of today’s stories, Click here or call 642-2761 to subscribe to our e-edition or home delivery.

AP RADIO
Update hourly