Board votes to lower school tax rates
The decrease in the millage rate will keep most property owner’s tax rates steady. Due to variables in property assessment, the millage rate decrease will affect each taxpayer differently. However, the move by the School Board will save an overall estimated $600,000 for the parish’s homeowners, according to Jim Melohn, chief financial and administrative officer for the school district.
Melohn said had the board decided to keep the millage rates at last year’s level it would have amounted to an estimated tax increase of about $3 per every $100,000 assessed on a homestead-exempt household per year. The reduction means the owner of a $150,000 homestead-exempt home that is reassessed for the same amount this year would pay about $4.60 less.
"It’s a decrease in the rates. I’m hesitant to say it is a property tax decrease because it’s a reassessment year," Melohn said. "Since it’s a reassessment year, if a person’s assessed value increased, even though our rates have decreased, that individual owner could pay more."
Every four years the assessor’s office reassesses property values and millage rates applied to those new assessments yield different tax rates. After the reassessment, a legislative auditor calculates what the needed millage rate is to maintain the prior year’s property tax revenue.
"The government, if they so choose, can roll it back up to the prior year and increase their revenue and I think several of the local ones did that," Melohn said. "Our board chose not to do that. They chose to go ahead and go with the reduced rates."
In contrast to the assessment procedure for homeowners, industry property is reassessed on a yearly basis and makes up for the bulk of the parish’s property tax base.
"The homeowners are actually only roughly 12 percent of the total assessed value," Melohn said. "Most of that revenue comes from industry."
Subscribe Today and Save!!!
St. Charles Herald-Guide is an award-winning newspaper that covers all aspects of St. Charles Parish - from schools and parish government news to social events, features on our local residents and sports.
Order your subscription today!
Although St. Charles Parish officials don’t have a figure yet, they’re saying the...
With this week’s arrest of a New Orleans East man, Jolene Dufrene may have gotten...
Dennis Mitchell of Luling had been buying tickets for the St. Jude Dream House...
Destrehan boys basketball coach Todd Bourg is excited about his team’s prospects...
Becky Savage recently received a dose of amazing news when doctors informed the...
Clint Chiasson has an insatiable drive to be the best. Sometimes, it’s all that...
Affordable Appliance Repair is a small family owned business you can trust. We work on all kitchen and laundry products. With same day or next day service, call us and we come to you!
The SCP library isn’t just for kids anymore - 646 views
In today’s more ingenious, time-managed world, a hack can be one of those tricks or DIYs (do-it-yourselfers) that keep a life functioning smoothly.