Monroe County commissioners set a tentative millage rate of 10.5 mills for the coming fiscal year during a called meeting Wednesday. The approval was unanimous, 4-0, with Commissioner Mike Bilderback absent, County Administrator Anita Buice said.
If that rate stands, it would mean an 11 percent increase over the fiscal 2010 rate of 9.431 mills. Millage rates help determine the amount of property tax residents pays.
Commissioners aren’t scheduled to set a final millage rate until after public hearings in September. They are waiting on state approval of a utilities digest, which usually comes in the early fall, Buice said.
Utilities in the county, including Plant Scherer, generated nearly $12.8 million in tax revenue for the county during the current fiscal year, Tax Commissioner Lori Andrews said.
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Since that’s a substantial portion of the county’s operating budget, the county is waiting to see if there are any adjustments in the utility digest by the Department of Revenue before setting the final millage rate, Buice said.