The Franklin County Board of Commissioners have announced their intention to increase the 2017 property taxes the County will levy by 14.41% percentage over the rollback millage rate for the incorporated districts of the county and by 4.43% percentage over the rollback millage rate for the unincorporated district of the county.
“The Board of Commissioners tentatively adopted the FY2018 budget which assumed a millage rate of 10.813 and 11.960 for the unincorporated and incorporated districts of the county, respectively. This millage rate is identical to the millage rate of the prior year as there has not been any net millage rate increase. Due to the state law and advertising requirements, the Board is mandated to publish this year’s millage rate as a tax increase due to the calculation of the rollback millage rate. The projected cumulative tax digest still remains lower than the 2008 pre-recession values.”
There will be three public hearings on this tax increase to be held at the Franklin County Justice Center. The meetings will be held on July 25, 2017 at 6:00 PM; July 27, 2017 at 6:00 PM; and on July 31, 2017 at 5:30 PM.
This information came from a press release issued by Franklin County on Wednesday.