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Tentative Millage Rate Increase in Houston County
FOX 24’s Linh Bui tells us how large cuts in state funding could mean a bump in your property taxes
Linh Bui
Story Created:
Jul 9, 2009 at 4:30 PM CDT
Story Updated:
Jul 9, 2009 at 10:55 PM CDT
Property taxes in Houston County could soon increase.
On Thursday, the Houston County School Board voted four to one to approve a tentative millage rate hike. They've set the rate at 13.34 mils for the 2010 Fiscal Year; that's an increase of .87 mils from last year.
One “mill” is $1 of tax for every $1000 of taxable value.
With the new rate, for the owner of a $100,000 dollar house there would be a $34.80 increase in property taxes.
"It's to help offset the state cuts,” says Stephen Thublin, Assistant Superintendent for Finance and Business Operations. “This year, we've already been cut $17.9 million in sate funding. This is on top of the $14.4 million we were cut last year."
The proposed millage rate is expected to generate more than $47 million in ad valorem taxes.
Resident Rodney Dollar says he can understand why property taxes need to increase.
"The way the economy is right now, I don't really see a problem with it. Because right now, we just have to try and bite the bullet a little bit. And everybody needs to chip in the best they can,” Dollar says.
There will be three public hearings to discuss the tentative millage rate:
July 20th – 6 pm – Perry Board Office
July 21st – 12 pm – Perry Board Office
July 29th – 12 pm – Houston Co. Career and Tech Center
And immediately after the third hearing on July 29th, there will be a final vote on the millage rate.
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