When do higher taxes cost less?
According to talk at the July 15 meeting of The Gadsden Commission, county taxpayers with property that has dropped in value might still pay less even though the 2014-15 millage rate used to calculate property tax will be higher than the 2013-14 rate.
Millage rates represent tenths of pennies, a decimal then multiplied by the total taxable property value.
Commission Chairman Eric Hinson proposed a 9.1443 rate, arguing that the county had a responsibility to stay out of the red and meet budget.
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