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Requests for Bid & Public Notices

Public Notice

A public hearing will be held at 6:00 P.M., August 21, 2019  at Cole County R-V School. At this time citizens may be heard on the Property Tax Rates proposed to be set by the Cole County R-V School District, a political subdivision.  The tax rates shall be set to produce the revenues which the Budget for the Fiscal Year beginning July 1, 2019, shows to be required from the Property Tax.

Each Tax Rate is determined by dividing the amount of revenue required by the Current Assessed Valuation (as estimated).  The result is multiplied by 100 so the tax rate will be expressed in cents per $100 of Assessed Valuation.

ASSESSED VALUATION

(BY CATEGORIES)

CURRENT TAX YEAR

2018

PRIOR TAX YEAR

     
REAL ESTATE TOTAL (53,184,200) (52,774,942)
COLE COUNTY 44,559,440 44,142,362
MILLER COUNTY 8,624,760 8,632,580
PERSONAL PROPERTY TOTAL (17,414,025) (16,777.435)
COLE COUNTY 13,472,014 12,655,890
MILLER COUNTY 3,942,011 4,121,545
TOTAL 70,598,225 69,552,007

 

AMOUNT OF PROPERTY TAX REVENUE BUDGETED FOR 2019-2020

              FUND                                     AMOUNT            LEVY

              General Fund                     $2,088,195         $ 3.0337     

              Debt Service                         $ 412,105         $  .5987

               TOTAL                                   $2,500,300     $ 3.6324

 

New Revenue from New Construction and Improvements:  $716,800

New Revenue from Reassessment $   -0-

Percentage of New Revenue from Reassessment       -0-