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Bluebag Media
County budget in good shape; indebtedness a concern

GREENVILLE – “I don’t like debt,” Darke County Auditor Carol Ginn said, noting this year alone the county is paying over a half million dollars ($535,407.52) in interest and principle on the Wagner Avenue complex. “If we have the revenue we’d be better off to pay it down now.”

The comment was in light of good news for the county. “We’re in really good shape,” she said. “Increase in job creations… sales taxes are up.” Ginn estimates the county will have $4,044,854.07 in unencumbered revenue – carryover – that can be used for next year. Carryover is important as it is needed to pay bills and make payroll until the current year’s receipts start coming in.

Ginn also credited the Commissioners and county department heads for the role they played in the county’s position. “They took the steps needed to cut budgets when the monkey was on our back,” she said, noting 2006 and 2007 when the carryover was as low as $892,000 and insufficient to pay bills and meet payroll. “They know what came before and don’t want to go back to that.”

“I’ve tried to be conservative on expected revenue,” she said. “If it exceeds my expectations – as it did last year – I would like to see major transfers to the bond fund.” She added current indebtedness on three Wagner Avenue bonds is $5,840,000...

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