Nate Covington
Private Citizen
Millage
Reassessment, Property Values, and Millage: How do the numbers add up?
Note: This article was originally posted on BarrettCommunity.com
This article features a question & answer between myself and Judy Linder, Barrett Tax Collector, regarding the 2020 millage and how it fits into the county-wide reassessment.
QUESTION (Nate)
I'm confused about the property reassessment and the millage. It looks like the millage went from 20 down to 2.5, the millage numbers were roughly divided by 10. Monroe County is switching the property valuations from 25% value up to 100%. Perhaps I'm totally lost here but one set of numbers is divided by 10 and the other multiplied by 4, it doesn't add up to me. Can you let me know what I'm missing, here?
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