County ap­proves slight roll­back for 2019 mill­age rate

The Standard Journal - - LOCAL - By Sean Wil­liams swilliams1­[email protected]­

The Polk County Com­mis­sion has fi­nally de­cided on the 2019 county wide tax levy, and cit­i­zens are look­ing at a rate of 13.951 mills with a roll­back of 2.760 mills for a net rate of 11.191 mills. The rate is of­fi­cially a roll­back from last year’s 11.475 mills.

A tax rate of one mill rep­re­sents a prop­erty tax li­a­bil­ity of one dol­lar per $1,000 of as­sessed value. Un­der the new value, a house worth $1,000 would in­cur roughly $11 in prop­erty taxes from the county; a house worth $100,000 would in­cur roughly $1,100 in prop­erty taxes from the county.

How­ever, while the rate is lower, the county isn’t ex­pect­ing to lose money. Thanks to the growth of the county tax digest — the amount of peo­ple sub­ject to pay­ing prop­erty taxes – Polk is set to bring in about the same amount of prop­erty taxes as last year.

“Be­cause the digest in­creased by some $60,000,000, the 11.191 is ac­tu­ally ap­prox­i­mately $250,000 more rev­enue than we gen­er­ated from last year’s digest,” County Man­ager Matt Den­ton explained. “But it’s also $250,000 less than what we would have gen­er­ated at 11.475, also.”

While the county’s rate wasn’t much higher than the mu­nic­i­pal­i­ties, the roll­back does bring them even closer. The City of Cedar­town re­cently voted to keep their rate at 11.2 mills, and while the City of Aragon is con­sid­er­ing in­creas­ing theirs for 2019, they cur­rently sit at 11.1 mills.

The school district re­mains the en­tity with the high­est tax levy, and the com­mis­sion­ers also ap­proved their new 2019 rate of 15.664 mills dur­ing the spe­cial-called Au­gust 29 meet­ing. It should be noted that, while the county must ap­prove the rate, the school board it­self de­cides which rate they will send for ap­proval.

The meet­ing saw dis­cus­sion of taxes out­side of the mill­age rate, and the com­mis­sion­ers agreed to al­lo­cate the $1,680,510.05 they brought in from their in­sur­ance pre­mium tax to the op­er­a­tion of the Polk County Po­lice De­part­ment. The funds are likely to be used for basic costs of run­ning, and the al­lo­ca­tion is one of many steps the county has taken to bet­ter equip their po­lice in re­cent days.

Those in­ter­ested in hear­ing more up­dates about county news can visit the com­mis­sioner’s next work ses­sion on Sep­tem­ber 9 be­gin­ning at 5:15 p.m. and their reg­u­lar meet­ing on Sept. 10 be­gin­ning at 7 p.m.

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