Neighbors,

Last Wednesday night the Morgan County Council approved our budget with the total levy being $105,000 for 2013. This amount sets the LDCD assessment rate at 0.2415%. This is tentative as we await final approval from the Department of Local Government Finance. If the budget remains the same, the numbers below can be used by you to ballpark how much you will be paying in assessment next year. Keep in mind that these numbers are the total for the year, not for each of the two assessments that will occur in May and November.

Assessed value      LDCD tax (0.2415%)

$50,000                    $121
$100,000                  $242
$150,000                  $362
$200,000                  $483
$250,000                  $604
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$350,000                  $845
$400,000                  $966
$450,000                  $1,087
$500,000                  $1,208
$550,000                  $1,328

Regards,

Dean Roberson