Dougherty leaders confront economic challenges - WALB.com, South Georgia News, Weather, Sports

Dougherty leaders confront economic challenges

(Source: WALB) (Source: WALB)
Chairman Chris Cohilas. (Source: WALB) Chairman Chris Cohilas. (Source: WALB)
Interim Administrator Mike McCoy is preparing the FY 2019 budget now. (Source: WALB) Interim Administrator Mike McCoy is preparing the FY 2019 budget now. (Source: WALB)
ALBANY, GA (WALB) -

Dougherty County leaders are facing some economic challenges in the coming year.

Financial experts evaluated the county's economic health and presented their findings to the county commission this week.

The county's interim administrator Michael McCoy is preparing the Fiscal Year 2019 budget now.

McCoy said seeking expert advice was necessary following 2017's devastating storms and because the county is still recovering from the "Great Recession" of the 2000's.

McCoy said the county has a declining tax digest, a dropping millage rate and increasing expenses.

"That is not a good combination where you have expenses increasing and revenue decreasing. So, we have to develop some strategies to address those issues," explained McCoy.

McCoy said county leaders will have to look at many solutions to balance the budget, including a possible property tax increase.

The budget must be passed by June 30. It will go into effect July 1.

Copyright 2018 WALB. All rights reserved. 

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