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Equalization director: Headlee rollback will not reduce county revenue, adjusts millage after property transfers
Summary
Equalization Director Warren Parrish told the Finance Committee that this year’s Headlee rollback adjusts millage rates because of taxable value growth from property transfers; he emphasized the rollback is a revenue equalizer and does not cut county revenue.
Warren Parrish, the county’s Equalization Director, briefed the Finance Committee on this year’s tax-rate mechanics, explaining a Headlee rollback will adjust millage rates after sizable taxable-value growth from property transfers.
"This rollback does not create a decrease in revenue; Headlee is a revenue equalizer," Parrish told commissioners, according to the minutes. The Finance Committee received the report and will continue quarterly updates from the Finance Department.
Parrish’s presentation framed the rollback as a statutory mechanism that recalculates authorized millage after assessment-driven changes in taxable value; the minutes do not provide the exact millage-rate figures or the amounts of taxable-value change. Commissioners asked that the Finance Department continue reporting on fund balances and related impacts at future committee meetings.
