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Mason County adopts 2024 tax rates using compensating rate, citing stable revenue
Summary
Mason County Fiscal Court adopted Resolution 24-12 on Aug. 23, 2024, setting 2024 tax rates and opting for the compensating rate (0.222 per $100) to offset higher property assessments; the resolution lists projected county revenue of $3,799,715.65 and details district rate breakdowns.
Mason County Fiscal Court voted on Aug. 23 to adopt Resolution 24-12, setting the county's 2024 ad valorem tax rates and applying the compensating rate to offset rising property assessments. The court accepted a projected county revenue figure of $3,799,715.65 tied to the recommended rate.
Treasurer Kim Muse read the resolution and the rate schedule to the court, saying, "A resolution relating to the levy and adoption of tax rates for…
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