Posted August 09, 2018 05:59am
(KNZA)--The Brown County Commission has adopted a 2019 budget of nearly $11 million that contains a nearly one mill property tax levy decrease.
Approval of the budget followed a hearing Monday drawing no public comment.
The budget contains an estimated tax rate of 31.9 mills, with the amount of tax to levied at more than $6 million.
The Commission was able to lower the mill levy due to a nearly $16 million increase in the county’s assessed valuation.
Even through the budget contains a mill levy decrease, the county will collect an additional $335,000 in local taxes due to the increase in the assessed valuation.