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The Millage Rate Process(And How We Can Improve It Immediately)

  • Broadcast in Finance
EJ Moosa Presents The Naked Truth

EJ Moosa Presents The Naked Truth

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Property taxes are boring.  The Millage Rate Process may be even worse.  We do not talk directly about the taxes but indirectly.  Instead we talk about this thing called the Millage Rate.  The Millage Rate can drop but your rates could rise.

For greater transparency and greater dialogue among the elected officials and the Public, I am suggesting that we have at least a two-week period betweent the final Public Hearing on the Millage Rate and the time at which the governming body sets the millage rate.  And when you listen to this podcast, it will be clear as to the reasons why.

(Please Note:  I mentioned that three meetings were required by law.  If the Millage rate is the Rollback Rate or lower, only one meeting is required.  This would actually make the entire Public Hearing a moot point)

 

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