People showed up and asked questions!

Finance Director Stephanie Black said they were having public hearings because they were required to when raising the millage. She said some of the reasons for the raise were a decline in the Local Option Sales Tax revenue, “because of the TATV” a decline in motor vehicle revenues, and a decline of 1.88% or $56 million in the property tax digest. TATV appears to be Ad Valorem Title Tax, which changed with HB 386 becoming law 1 March 2013, changing annual TATV to a one-time tax at vehicle purchase, and that new tax goes to the state, not the local government. As you can see in the Millage History slide pictured, they did Continue reading →