MoCo Rolls Back Millage Rate

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The Montgomery County Board of Commissioners voted to roll back the millage rate, totaling 14.8570 mills, during the Board’s called meeting on Friday, September 20.

According to the County’s 5-year tax history, the net tax digest in the county has increased by $8,061,304, which has generated enough revenue that commissioners feel they do not have to raise the millage rate. By leaving this rate at 14,8570, commissioners expect to levy $3,249,623 total, which is a 3.97% increase – totaling $123,980 – from last year’s levied taxes.

The Commissioners announced their intention to accept this rollback rate during the regular monthly meeting of the Commission on September 9.

The Montgomery continued from page

County Board of Education will now set their millage rate in the coming weeks. The school system’s millage rate will be added to the county’s millage rate to determine this year’s property taxes.