1. Property Tax Millage Rates (52.72 voted/29.9 collected)
Over time our Community has approved mills to support the district. However, due to HB 920, a levy is flat when passed, meaning we receive the same dollar amount today as when the levy was passed. This is a result of the Reduction Factor, or the current millage collected is less than the millage passed. This millage can and does reduce down to the 20 mill floor based on property valuations.
For example: when a Community passes a levy, it is like giving the district a raise. The district has only received increased revenue (or a raise) when a levy has been passed.
The district receives the same $ amount as the year the levy was passed.