For the second straight year, Monroe County Commissioners will not raise property taxes.
At the recommendation of county finance officer Lorri Robinson, commissioners unanimously approved on Tuesday, Aug. 6 to set the county’s 2019 tentative millage rate at the rollback rate, 13.291 mills. The tentative millage amount is a .04 mill reduction from 2018 when the county’s millage rate was 13.331 mills. Robinson said the 2019 rollback millage will enable the county to collect about $728,000 more in property taxes than in 2018 thanks to about a $60 million increase in the county tax digest. She said commissioners are projected to receive about $18.78 million in property taxes at the rollback rate.
Because commissioners did not raise the millage rate, public hearings are not required. Commissioners are expected to set their final millage at their next regular meeting at 9 a.m. on Thursday, Aug. 22. Commissioners can still reduce the final millage but cannot set the final millage any higher than the advertised tentative millage of 13.291 mills.
Their next regular meeting was previously slated for Tuesday, Aug. 20 but was moved to Thursday, Aug. 22 in order to comply with a state requirement that a final millage cannot be set until seven days after the millage advertisement ran in the legal organ. The Reporter published the five-year millage history ad in its Wednesday, Aug. 14 edition.
Commissioners raised property taxes by one mill in both 2015 and 2016 before a one-and-a-half-mill hike in 2017. Commissioners then maintained a millage rate of 13.331 mills in 2018, a minuscule tax hike due to a slight digest increase.
Under the proposed 2019 millage rate, a Monroe County resident with a home valued at $200,000 and a $12,000 Homestead exemption would pay about $903 in county property taxes.