Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Clay County Commission signals revenue-neutral approach for general property tax levy after reassessment surge
Summary
Clay County commissioners indicated they will move forward next week with a revenue-neutral option for the countygeneral property tax levy after the county auditor presented reassessment results showing roughly a 12% increase in total assessed valuation for 2025.
Clay County commissioners indicated they will move forward next week with a revenue-neutral option for the countygeneral property tax levy after the county auditor presented reassessment results and levy calculations.
Auditor Victor Hurlburt told the commission that assessed valuation for 2025 is close to $7.5 billion, roughly a 12% increase from the prior year that was driven primarily by real estate reassessments. He explained the Hancock amendment limits aggregate local revenue growth to the lesser of CPI (set at 2.9% by the State Tax Commission for…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
