White County commissioners announce tax millage rate hearings

Property owners in White County may end up paying a little more next year

(Cleveland)- The White County Board of Commissioners say they want to maintain the current tax millage rate of 10.75, however, since the rollback rate is lower than the current millage rate and in order to maintain the same millage rate – state law requires that the county advertise, announce a potential tax increase, and hold three (3) public hearings.

A news release from the board of commissioners states they work diligently to keep the county’s millage rate as low as possible while providing the necessary services to the ever-growing population.

City of Cleveland announces tax millage rate public hearings

This tentative increase will result in a millage rate of 10.750 mills, an increase of .204 mills. Without this tentative tax increase, the millage rate will be no more than 10.546mills. The proposed tax increase for a home with a fair market value of $160,000 is approximately $12.65 and the proposed tax increase for non-homestead property with a fair market value of $130,000.00 is approximately $10.61.

All concerned citizens are invited to the public hearings on this tax increase to be held at the County Administration Building, 1235 Helen Hwy. Cleveland on Thursday, July 18, at 8:00 a.m., and again at 6:00 p.m. and Monday, August 5 at 4:30 p.m.

The millage rate will be voted on in a Called Meeting on August 5 at 4:45 p.m.

 

By: WRWH News