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Finance staff previews annual property-tax levy; assessed values reported lower than last year
Board of Aldermen · August 13, 2024
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Summary
Staff told the board assessed values dropped and presented a proposed total levy of 0.3903 (general fund and park fund components). The council noted final Jackson County assessments are pending and the state report is due Oct. 1; council may revisit levy at a later meeting.
At the Aug. 13 meeting the city’s finance staff reviewed notices from Jackson County showing a decline in assessed valuation for 2024 and explained how that affects the mill levy.
Staff said assessed value decreased from about…
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