Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Millage Rates topic
No spam. Unsubscribe anytime.
Board told total millage would be 5.379 after assessed values rose 4.63%
Summary
Staff said the proposed total millage for final adoption is 5.379 and that the county's assessed values rose about 4.63%, driving the revenue change; local-effort millage would increase slightly to 3.131 (up 0.027).
Tanjara, business operations, told board members that the proposed total millage rate for adoption is 5.379 and that local-effort millage would rise to 3.131 (an increase of 0.027).
She explained that the county's total assessed values increased by about 4.63%, which is the primary reason for the modest revenue uptick tied to assessed values rather than a net revenue gain from new taxes. "If our local capital improvement fund taxes increase, our state fund is funding decreases by that same amount and vice versa," she said, describing how local and state funding interact.
Board members heard the millage figures as part of the rationale for the expedited advertisement schedule; staff noted the final millage will be adopted at the required public hearing following advertisement.
