What type of income is included in a county's budget for assessments?

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The type of income included in a county's budget for assessments encompasses a range of revenue sources beyond just property taxes. When creating a budget, counties must account for various income streams to ensure they can fund their services and obligations effectively. This includes income generated from fees, fines, grants, and any other financial resources available to the county, not limited to property taxes alone. By considering other income sources, counties can create a more comprehensive and stable financial plan that addresses the needs of the community throughout the fiscal year. Focusing solely on property taxes would provide an incomplete picture of a county’s financial health and its ability to meet budgetary requirements.

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