Introduction
Bibb County, in central Georgia, was formed December 9, 1822. Geologically, Bibb County is located on the fall line where the southern Piedmont meets the Coastal Plain. Before the arrival of European settlers, the area had been a center of a series of Native American civilizations. The county sits on 249.76 square miles of land and there are approximately 622 people per square mile.
Robert Reichert is the mayor of the city of Macon which is a part of Bibb currently governed by a five member County Commission, with four commissioners elected from individual districts in the county and a chairman elected countywide. A chief administrative officer is appointed by the commission runs the daily affairs of the government.
Bibb
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The mean travel to work time is 20.5 minutes.
There are about 57,000 households in the county with a home ownership rate of 55% and almost 70,000 housing units. The average household income is $21,443 per year (as per 2012 data) and 23.5% of the population lives below the national poverty level. Economic activities in Bibb include commerce, with private nonfarm employment making up a big percentage. There are agriculture and manufacturers for shipments.
Type of budget the Georgia city operates
A Balanced Master Budget- a balanced budget, income usually equals or exceeds spending. Deficits from one financial year cannot be carried over to the next. This is a common practice with much of the balancing of the budget at state level is assigned to general funds and not specific projects.
The city’s major revenue sources i.e. taxes, fines and fees and more
Bibb County Revenue Sources mainly include property tax, local option sales Tax, Insurance Premium Tax, intergovernmental Revenues, Fund Balance Applications, Fines and forfeits revenues. All these revenues are as discussed below:
First of all, Property Taxes, Revenues and Interests are worth-based taxes paid on various types of property (e.g. residential and commercial real estate, motor vehicles, farm machinery, etc.). The body charged with tax collection is responsible for taxing authority appraises the
Facing tough budget decisions in advance, various cities, and county have two options: raise taxes or reduce services. Furthermore, there has not been a tax increase in a long period, county officials have alleged. They recognized this day would come. The administrator distressed and diagnosed the circumstances where they provide the primary inspection and repairs.
As seen in Chapter 15 of Real Estate Principles by Charles J. Jacobus, property tax is a large source of income for local governments. When property taxes are not paid, a lien is placed on the property. If property taxes are not paid, this gives the government the right to seize the property. This is currently happening to Bill Davies, a developer from Chicago, Illinois.
Camden County is the southernmost county on the coast of Georgia. Created by the Georgia Constitution on February 5, 1777.
When taking weekend breaks in Bobo, one of the best things you can do is check out Chattahoochee-Oconee National Forest. It is a great place to go for hiking, bird watching and hunting. Additionally, Gordon County has a surprisingly rich history. It is the location of the first major battlefield in the Atlanta
Georgia being one of the last colonies to settle and unique among the colonies. It was set up as a philanthropic experiment and a military buffer against the Spanish Florida. General James E. Oglethorpe who served as a soldier that organized the defense and as a philanthropist who championed prison reform and sought a colonial refuge for the poor and religiously persecuted. Which Georgia having religious freedom brought Welsh, Highland Scots, Jews, and other gave the colony a character much like Charlestown. Georgia being a buffer against Flordia, the colony strived, but as a philanthropic experiment, it failed.The colony could not develop silk or wine like Florida did but instead exported rice, lumber, beef, and pork. By the eighteenth century,
Nestled between the rolling hills of North Georgia is the little town of Ringgold, Georgia. This town, although small in size, has had a significant historical impact in the region. It has also started admirable patriotic traditions emulated by cities surrounding the town. From its role in the Civil War to its modern day impact on local culture and tradition, the town of Ringgold has remained a trailblazer for the local area.
lies in the heart of central Georgia nestled along the banks of the Ocmulgee River. It is the 4th
Some taxes, like property taxes, are fixed. Others are variable costs, tied to income and some expenses. Sales taxes are paid on income from members and
Deficit spending refers to the extent at which the government expenditure exceeds revenue over the financial period. This is the opposite of budget surplus. We may apply the term to an individual, private company or government budget (Brux, 2011).
Taxes are the dollars that we pay to government to supply the services that are not or can not be provided through the free enterprise system. Taxes have been around since the beginning of organized societies. They come in various forms. Most common are income taxes both federal and local government. These taxes are assessed on the amount of income a person earns. Other taxes come in the form of user taxes; these taxes are imposed on the people that are using the goods being taxed, such as gas tax, alcohol tax, sales tax, and luxury taxes. Property taxes make up the major revenues for local and city governments. Furthering the burden of taxation are taxes that are attached to such bills as utility
"In 2004, property tax collections in the U.S. exceeded $300 billion. Property taxes are responsible for approximately 72% of all local tax revenues, representing the most important tax revenue source for local governments" (as cited in Shan, 2010, p.195).
The main difference between the federal budget and the state and local budgets is the issue of a monetary deficit, in which expenditures in the budget exceeds revenues that were estimated. State and local governments are required to balance their budgets. The federal government is allowed to borrow money to meet its obligations and have a deficit. The federal government collects the most tax revenue, but state and local governments have a greater range of revenue options for funding their budgets. The federal government relies mainly on income taxes, capital gains and Social Security taxes. State and local governments collect sales taxes, taxes on fuel, property taxes and fees from special licenses and permits. Also, many state and local
The state legislature, called the General Assembly, has a 56-member Senate and a 180-member House of Representatives. All members are elected for two-year terms and meet at the state house in Atlanta. Georgia's 159 counties are mostly governed by boards of elected commissioners. Most places have a mayor, a type of council, and a city manager.
There are four local sources of income to support school districts property tax, sales tax, income tax, and sumptuary taxes.
Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization.