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Higher property tax rate likely in 2014

County commissioners proposed a higher tax rate  and appointed Brenda Nock as a justice of the peace Monday.

County Judge Larry  Sprowls  said property values are down this year while proposed budget expenditures for 2014 will be up compared to the current fiscal year.

The dip in values means the county would have to raise the tax rate – to the effective rate – to generate the same amount of revenue as this year. 

County Auditor Linda Barnette said the proposed rate of 35.046 cents is one cent more than the effective rate, and one cent less than the rollback rate, or the levy that could spark a rollback election.

The current rate, which includes 4.126 cents to pay for the Mallet Event Center bond issue, totals 31.667 cents.

Commissioners lowered the rate last year after local property values jumped.

Commissioners agreed,  on a vote of 3-0, to propose the higher levy.

They also agreed to hold a public hearing Aug. 19 on the rate.

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