With exact figures finally available from the state, the Putnam County Commissioners have approved the 2013 allocation of County Economic Development Income Tax (EDIT) funds.
With the arrival of the approved 2013 budget, the county received an EDIT allocation of $910,966.85, to be split between nine different funds.
The commissioners approved the annual plan as follows:
* Jail Bond: $458,350
* West Central Economic Development: $9,000
* Economic development: $32,500
* Putnam County Senior Center: $5,000
* Edgelea project start-up: $123,800
* Edgelea project annual payment: $32,435
* Airport operations: $29,900
* Highway roads: $212,000
* Miscellaneous: $7,981.85
A number of these uses have been discussed by county commissioners in recent months, most notably the allocation to highway roads. Last year, $450,000 went to roads, compared to only $212,000 in 2013.
Commissioners informed highway officials of this change last month.
Much of the difference can be accounted for in the payments for the Edgelea project, which total $156,235. Most of this sum is in start-up costs, but the $32,435 will be an annual fee for 20 years.
Additionally, the payment for airport operations is to assist the Board of Airport Commissioners in paying the new fixed base operator for the Putnam County Airport through the end of the year.
Most of the other allocations in the EDIT plan remain largely unchanged since 2012.
...
