County’s assessed value of property nears high-billion dollars
by Associated Press
Published: July 11,2013
PURVIS — With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue.
The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than $7 million from 2012.
In 2000, the county’s assessed valuation was over $244 million.
The increase in property value is good for the county budget, but it also means county taxpayers will see a small increase in their tax bill.
County Administrator Chuck Bennett said the county is entering 2014 on solid financial footing from a revenue and expenditures standpoint. The new fiscal year begins Oct. 1.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Mississippi State makes NSF ranking of research universities
- Tallahatchie General’s listing on auditor’s ‘watchline’ an image set back, CEO says
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Chris McDaniel responds to radio show audio clip
- Ex-city worker arrested on false pretense charge
- Panther Creek megasite — Putting a value proposition out there
- Kelly Boutwell added, Jason Word promoted at MEC
- Cotton to take center stage during MSU summit
- BRENT CHRISTENSEN — Entrepreneurs: A vital fuel for Mississippi’s Economy