As Decatur’s Tax Digest Swells, CSD Looks to Lower Millage RateDecatur Metro | June 12, 2014 | 10:13 am
An interesting development in the evolution of Decatur’s ongoing property tax saga.
Still the school system plans to conclude the school year with a $1.5 million surplus thanks to an estimated 12.75% increase in Decatur’s tax digest, due in part to rising property assessments – another recent discussion here.
Decaturish reported that the school board estimated that the lower millage would cost the system more than $500,000.
CSD plans to hold hearings on the new millage rate on June 19th and July 8th.