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Clay County Commissioners table vote on senior property tax credit change after wide public and fiscal concerns
Summary
Clay County commissioners on Dec. 18 delayed a vote on an amendment that would apply the county's senior real estate tax credit to debt levies after staff and taxing districts raised concerns about a $2M–$5.2M fiscal impact and potential long-term revenue shifts for schools and special districts.
Clay County commissioners on Thursday agreed to table Ordinance 27 — a proposed amendment to the county's senior real estate tax credit — until a Jan. 8 business session after more than three hours of presentations, public testimony and debate.
The ordinance would remove language that excludes debt levies from the county’s senior real estate tax credit and thereby extend the credit to levies that finance voter-approved bonds and other long-term debt. County Auditor Victor Hurlburt presented the fiscal analysis that commissioners said shaped the debate: "That number was $3,260,717.86," Hurlburt said of the current operating-credit cost; he said applying debt levies would add roughly $2,000,000 and raise the combined credit to about $5.2 million going…
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