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Commissioners accept certified tax calculations and approve lower combined tax rate for publication
Summary
After the tax assessor’s certified calculations, commissioners approved publishing a combined tax rate slightly below the voter-approval threshold; a formal public hearing and adoption meeting were scheduled for Aug. 25.
The county’s tax-assessment staff presented certified roll and “no new revenue” calculations on Aug. 4, and the commissioners voted to publish a combined proposed tax rate that is lower than the current year's rate but still expected to produce additional revenue because the taxable base grew.
The presentation, delivered by a county staff member who said they verified signed certification from the tax office, explained that the current general-fund maintenance and operations rate is 0.3736 (37.36 cents per $100 valuation). The staff member said the county's no-new-revenue rate is 34.8748 cents and the voter-approval rate is about 36.0954 cents and recommended a maintenance rate of 36.0 cents (0.36). The presenter also reported a current debt-service rate of 3.9552 cents and an adjusted debt-service projection of 3.5005 cents, and…
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