The Macon County Commission wants citizen input on proposed property tax cuts.
The hearing is 10 a.m. Monday, Aug. 31, at the County Commission office. The rates on the notice are proposed. They are not adopted. The notice says the State Auditor can still change them.
General revenue would drop to $0.2426 per $100 of assessed value, from $0.2448 last year.
Road and bridge would drop to $0.6104, from $0.6496.
The rates go down. The county still expects more money, because the tax base is up.
General revenue assessed valuation: $319,263,304, up from $311,647,203. Projected take: $774,533, up $11,621.
Road and bridge assessed valuation: $196,847,036, up from $170,603,636. Projected take: $1,201,554, up $93,313.
Here is how the notice does the math. Required revenue divided by current assessed valuation, times 100. That is cents per $100.
On $100,000 of assessed value, the proposed general-revenue bill is $242.60. The proposed road-and-bridge bill is $610.40. Those are two separate bills.
General revenue, this year vs last: railroads and utilities $56,004,658 against $56,692,807. Personal property $83,077,866 against $77,252,796. Real estate $180,180,780 against $177,701,600.
Road and bridge: railroads and utilities $47,446,153 against $44,845,808. Personal property $49,581,893 against $40,849,528. Real estate $99,818,990 against $84,908,300.
The two funds do not share one tax base. Road and bridge is the smaller pile and the higher rate.
Dean Still is presiding commissioner. Matt Shoemaker is District I. Jeff McLin is District II. They sit Mondays and Thursdays, 8:30 a.m. to 4 p.m.
If you want to be heard, Monday, 10 a.m., commission office.