Comments on: DeKalb Proposes 3.73% Tax Increase for Unincorp, 1.33% for Decatur

By: Bondit

Bondit — Tue, 09 Jun 2009 02:20:45 +0000

Bonds pushed though the Vernon Jones / Ed Wall Administration are going to cost us dearly with little benefit vs the over all cost.

By: Decatur Metro

Decatur Metro — Mon, 08 Jun 2009 14:14:38 +0000

So then that 6.94% is the increase that “Debt Service” pays to the county?

That doesn’t seem right…but that’s how I read the relationship for every other entity on that list so…

By: Decatur Metro

Decatur Metro — Mon, 08 Jun 2009 14:02:26 +0000

I do believe that’s what that means Eric. I guess I should at least mention that in passing as well ,since that will directly affect residents’ bottom line.

By: Scott

Scott — Mon, 08 Jun 2009 13:59:42 +0000

Debt Service would be the fancy term for making your loan and interest payments to keep creditors at bay.

By: Eric

Eric — Mon, 08 Jun 2009 13:58:26 +0000

Thanks for the info, DM. Good for CoD (and us) for keeping its millage rate unchanged. I do have a question about the 1.33% Decatur Special Services increase. Do you know if this means the portion of our taxes we pay to Dekalb County will increase?