The Jackson County Board of Commissioners will hold a public hearing at 6 p.m. on Thursday, Oct. 3, at the courthouse to receive input on the proposed increase in the property rate.
Additional public hearings on the proposed tax increase will be held at the courthouse at 10 a.m. and 6 p.m. on Thursday, Oct. 10.
The commissioners approved a slight increase to the proposed 2013 property tax rate last week, although final action won’t be taken until after the public hearing.
County manager Kevin Poe had proposed leaving the millage rate at 8.61 for unincorporated areas and 9.87 mills for incorporated areas, but chairman Tom Crow made a motion for a quarter-mill increase. Commissioners Dwain Smith, Chas Hardy and Jim Hix voted in favor of the proposed increase. Commissioner Bruce Yates was not at the meeting.
With a .25-mill increase, the rate for property owners in unincorporated areas of the county will rise to 8.860 and the rate for those in the county’s nine municipalities will rise to 10.120. The proposed tax increase for a home or non-homestead property with a fair market value of $125,000 is approximately $12.50, according to county officials.
The decline in the 2013 total net digest has caused a decrease of approximately $1.04 million or 5.44 percent in real and property taxes from the prior year. This is the fourth year in a row the tax digest has decreased — and the largest drop so far.
For the full story, see the Sept. 25 issue of The Commerce News.