County’s assessed value of property nears high-billion dollars

by Associated Press

Published: July 11,2013

Tags: Business, Chuck Bennett, home, house, Lamar County, property, real estate, residence, residential real estate, tax, valiue

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.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Still planning that summer vacation?

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: