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Supervisors debate valuations, levy limits and TIF deadlines as budget season approaches
Summary
County staff reported roughly 3.12% valuation growth; supervisors discussed max-levy calculations, potential ratcheting back of levy rates, and the December 1 TIF filing deadline for project reimbursements as they set priorities for January budget work sessions.
Chickasaw County supervisors spent a significant portion of the meeting reviewing valuation growth, levy-rate mechanics and the implications of tax-increment financing (TIF) on county revenues as the budget cycle approaches.
Staff reported about 3.12% valuation growth, and board members discussed how the state’s levy rules and recent legislative proposals could affect future revenue capacity. Supervisors debated whether…
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