Lauderdale County taxpayers may be getting a break next year — a 2.7 percent ad valorem tax break, to be exact.
The county board of supervisors has proposed a tax decrease for the next fiscal year, which begins Oct. 1, because two debts have been paid off in this fiscal year's budget, according to County Administrator Mike Sumrall.
That means taxpayers will be paying a bit less on their homes, car tags, rental real property, and other taxable property.
This year, Sumrall said, the county was able to pay off a $6.5 million bond issue taken out for road and courthouse improvements in 1989 and a roughly $1 million bank loan taken out to fund repairs after Hurricane Katrina.
Because those debts have been paid off, the county plans to take a decrease of $673,117, or 2.7 percent, in the ad valorem tax rate for FY2009/2010. This year's total ad valorem revenue was $24,968,280. The proposed total ad valorem revenue for the coming fiscal year is $24,295,163.
The board will hold a public hearing on the decrease in the ad valorem tax rate on Tuesday, Sept. 10 in the board room of the Raymond P. Davis County Annex Building on 21st Avenue.
Local News
County proposes tax break
- Local News
-
- Woman: decongestant brought meth charge in Alabama
-
Star Of The Week: Dominique Goodwin-Jenkins
-
SoMiSPO brings steel drum rhythms to MCC
-
About face
Nothing is forever in the military and after a months-long battle to secure a C-27J Spartan flying mission and its field training unit at Key Field and the 186th Air Refueling Wing, it seems all of that is flying the way of the KC-135 tankers that used to fill the skies over Meridian.
- Marriages & Divorces: Sunday, February 5, 2012
-
Evidence bringing message of compassion
Several workshops and performances are available to the public this week, all centered around Evidence, A Dance Company, scheduled to take the MSU Riley Center stage on Friday.
-
Darlene Harrison has 25,000 reasons to love Friday the 13th
Friday the 13th has turned out to be a very lucky day for Darlene Harrison.
- Voter registration deadline nears for primary
- Teen charged with robbery, kidnapping
-
Students attend S2S training
Representatives from Naval Air Station Meridian and Northeast Lauderdale High School recently attended the Military Child Education Coalition (MCEC) Student-2-Student research-based training held in San Antonio, Texas.
- More Local News Headlines
Police: Father Planned Deadly Fire for Some Time
US, UK Pressure on Syria; More Homs Violence
Raw Video: Mass Killer Wants Medal, Freedom
Few Answers in Death of Sons of Missing Utah Mom
Court Strips Contador of Tour De France Title
Runaway Goat Leads Police on Wild Chase
And the Winner for Best Super Bowl Ad Is...
Raw Video: Deadly Helicopter Crash in Australia
Raw Video: Smoke, Purported Gunfire in Syria
Romney Latest Poll to Join Let-me-explain Club
Blast Kills Husband of Missing Utah Mom, 2 Boys
Obama: US, Israel Will Work Against Iran Nukes
NJ Museum Finds 19th Century Recording
Snow Causes Disruptions in Much of Europe
Clinton: Vetoed U.N. Syria Resolution 'travesty'
Romney Picks Up Decisive Win in Nevada Caucuses
Gingrich Renews Vow to Campaign Until Convention
Romney Rolls to Easy Win in Nevada GOP Caucuses
Raw Video: Missing Family Found Alive in Ore.
Police Clear Tents From Occupy Site in DC
