How does the County get the information to set the mill levies?
The governing body of each taxing district (city, school district, etc.) prepares their budget of expenditures. Based on the amount of tax to be levied to fund the budget and the estimated assessed valuation for the district, they compute an estimated mill levy. This information is included in the notice of hearing. A “Notice of Hearing” is published in the newspaper stating the place, time and date the governing body will meet for the purpose of hearing and answering objections of taxpayers relating to the proposed use of all funds and the amount of tax to be levied. Hearings are held in the months of July and August. The governing body will then adopt a budget of expenditures. Each year the governing body of the taxing district shall certify, on or before August 25th, the approved budget including the amount of ad valorem tax (according to value) to be levied. The Department of Records and Tax Administration computes the mill levy, within the statutory limits, for each taxing distric
