Quote:
Originally Posted by Pablo
I posted the formula MO uses in another thread:
Assessed value x residential tax rate(19%) x your mill levy for schools, fire stations, whatever, typically (9%).
That 18,000 figure in one of these stories means that citizen was putting out something like $307/yr
82,000 x .19 x. 09 = $1,402/yr
126,000 x .19 x. 09 = $2,155/yr
That's $62/mo more. No more stinky indian food for some folks, even using coupons.
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In reality the county has bills that have raised with inflation as well. It really isn't that bad overall.
I pay much more than that each year but we tend to have higher pay out here in the Bay.