Home > In the News > Gordon County adopts incorrect millage rate

Gordon County adopts incorrect millage rate

September 27th, 2005 Leave a comment Go to comments
http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/digg_24.png http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/delicious_24.png http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/google_24.png http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/myspace_24.png http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/facebook_24.png http://www.millagerate.com/blog/wp-content/plugins/sociofluid/images/twitter_24.png

Jeff Bishop of the Calhoun Times reports that the Gordon County Commission recently adopted a millage rate of 7.57. Writes Bishop:

That’s identical to the millage rate that was adopted last year, but recent property re-evaluations will likely make many tax bills rise, county officials explained.

Not only is the adoption of the same rate as the previous year evidence of a taxing authority which has failed to “do the math,” but it also means that the politicians may have squandered an opportunity to pass the benefit of a growing net tax digest back to the taxpayers in the form of a lower millage rate.

If you remember the math, you know that as the net tax digest increases, the mathematically-calculated millage rate must decrease, as long as the elected officials have held the line on the cost of government.

By keeping the same rate as the previous year, the Gordon County Commission may have kept money that rightfully belongs in the pockets of Gordon’s property owners.

Tags:
  1. No comments yet.
  1. No trackbacks yet.