County to set tax rate at tonight’s meeting
by Diane Wagner, Staff Writer
Jul 24, 2012 | 1094 views | 0 0 comments | 6 6 recommendations | email to a friend | print
The Floyd County Commission is poised to adopt a 2012 property tax rate today that is unchanged from the 11.1 mills levied for the past three years.

A 1-percent drop in the value of taxable property last year means a fourth year of lower revenue for the county’s general fund.

City residents get billed just 8.767 mills for overall maintenance and operations. Residents in the unincorporated area also pay 1.669 mills for fire protection and 0.664 mills for solid waste disposal.

County Manager Blaine Williams said the fire protection fund is cash-strapped, while the solid waste fund is doing fine, so the board may adjust those rates.

“They may decrease the solid waste tax and increase the fire tax, but there will be no net increase,” he said.

Residents who pay for streetlighting in their neighborhoods through their property tax bills may get a tiny hike. The assessment is a “pass-through” that goes from the county to the electric provider.

Finance Director Gary Burkhalter said the annual charge of 52 cents per foot of road frontage isn’t quite covering what the county is charged for the power.

He’s recommending an increase to 53 cents per foot.

“That will cover the deficit and thus avoid a subsidy from the general fund,” he told the board during the agenda-setting session last week.

Commissioners caucus at 4 p.m. and start their regular meeting at 6 p.m. in the County Administration Building, 12 E. Fourth Ave.

Both sessions are open to the public.
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