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Cole County staff present tax-levy calculations; public hearings set for next week
Summary
County staff reviewed updated assessed values and state auditor formulas used to compute property-tax ceilings and proposed levies; staff advertised and scheduled public hearings for next week to finalize the general-revenue and public-works levies.
County staff briefed the commission on updated assessed values from the county clerk's office and on state formulas used to compute property-tax ceilings and rollback calculations that determine final levy rates.
Staff said the assessor's new totals arrived late the previous evening and that the county used the state auditor's calculation method to compute levy ceilings. Staff reported the public-works (Road…
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