Get ready for a mill rate increase of 4.28% this year (last year's mill rate was 11.393, the proposed mill rate is 11.881). That means for every $1 million of assessed value of your house, you will pay an extra $488 in taxes. Let's say your house is assessed at $3 million, you will pay $35,643 in annual taxes, an increase of $1.464 over last year's $34,179. Taxes and spending matter. Let's not squeeze out older residents.
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