It will take more than $159 million to run the county next year, down slightly from this year's budget of almost $160 million.
Allen County Council members completed the 2014 budget Thursday, which includes a 2 percent raise for all employees and elected officials.
Even though county expenses continue to increase, some funds are shrinking.
The largest county "general" fund is accumulated through property tax revenues. That fund continues to dwindle because of changes in state laws and property tax caps that were put in place several years ago. This year it dropped by $1 million, from $73 million to $72 million.
Some taxpayers will see an increase of about 1.4 percent on their property tax bills, in part because of an increase in the county's assessed valuation, said Tera Klutz, county auditor.
Assessed valuation increased from 2012 to 2013 by about $157 million, and the county raised the tax levy by 2.6 percent, the maximum allowed by the state, Klutz said.
But a tax rate increase might not mean the county will see more money, because of property tax caps and other factors, Klutz told council members.
For more on this story, see Friday's print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Friday.