Friday, November 12, 2004

Property tax levies finalized

The Iosco News has a followup story on the millage rate increase I originally wrote about on October 6, 2004:

All Iosco County property owners will pay more taxes, with both the tax base and the millage rates increasing in every township and city, largely due to the generosity of voters in passing almost every millage question put to them this past year.

Property owners of Iosco County will pay an estimated $29,915,602 in property taxes and special assessments levied on the Dec. 1 and July 1 tax bills, compared to $26,769,973 this year.

The millage rates include a tax of 3.9901 mills for county operations; a 0.2968 mill levy to support Commission on Aging programs; a 0.4509 mill levy for Iosco County Medical Care Facility (ICMCF) operations; a 0.3421 mill levy to pay for the ICMCF Alzheimer's wing; a 0.4417 mill to support county ambulance operations; a 0.0977 mill tax to support the Iosco Transit Corporation; and a 0.5 mill tax for the Iosco-Arenac District Library.

The lion's share of the total levy goes to support schools and includes the 6.0 mill state school tax, as well as local school issues. Each total includes two millages to support operations of the Iosco Regional Educational Service Agency: 0.2172 allocated operating and 0.6522 voted operating. Additional school levies in the Oscoda school district are 2.0 mills for school improvement project and 0.7821 mill for the sinking fund. Non-homestead additionally pay 16.7888 and 1.2112 mills for operating.

The final tax rates which comprise the totals are those imposed by the individual cities or townships. AuSable Township: 4.6678 mill general operating and 1.2 mill fire and is the same for homestead and non-homestead.

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