Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between in rates of the voted and effective millage for the district’s levies?

April 26, 2017difference district effective levies millage rates voted

0

Posted

What is the difference between in rates of the voted and effective millage for the district’s levies?

1 Answer

0

Posted

The amount of the voted millage can only collect the amount of dollars that were approved at the time the levy was introduced. As property values increase, the millage amount collected will decrease. At no time can the millage be charged more than what was originally approved. (Effective millage) Currently, our voted millage for operating is 46.39 and the effective rate for Residential/Agricultural rate is 28.30 mills. An additional 3.0 mills are added for the inside millage. The 2.75 Permanent Improvement levy effective millage rate is currently 2.24 mills.