While still incomplete, the Lamar County board of assessors approved the 2011 tax digest, which shows an estimated drop of $46.9 million in overall taxable value. It now goes to the tax commissioner’s office where automobiles, mobile homes and timber values will be added.
To prepare you for the apparent damage about to be inflicted on your bank account. The case is pleaded that property values have decreased so the mill rate will have to be hiked because of that. Propery values return but the mill rate will never go back down.
In the past honesty played a role in people's lives and things like that went up and down. Today it is all about power and money and and up is the only way to go. Those that make the system function in the up direction are not so much affected because they hold the keys to value. When it is all over and done with just check out the property value versus the taxes paid by those holding office and those that work for them that control the value, and some of their buds of course.
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