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 UPDATED:
03/02/2008
Thomas County
The Thomas County Commission
adopted two millage rates-- one for unincorporated Thomas County and one for
properties within the county's cities-- to partially fund its $16,119,200 budget
this year. The portion of the budget to be funded by property tax dollars is
$5,839,000.
Based on a Net Tax Digest of $1,051,743,059 and because certain data could not
be provided by the county, it is necessary to compare the average of the
adopted millage rates to a county-wide mathematical millage.
The Commission adopted an average rate of
5.590 for both incorporated and unincorporated properties; however, the mathematical millage is
slightly lower, at 5.552.
The total revenue expected to be generated by both millage rates is $5,879,769,
$40,770 more than the budget requires.
The actual dollar difference is
less than 3/10th of one percent which is, in our opinion, negligible. In other
words, although the adopted millage rates are, mathematically speaking, probably
wrong... in total, they are close.
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