Southaven makes proposal to offset property tax assessment changes
Facing higher property values from reappraisal, an effort in the Southaven proposed fiscal year 2026 budget will try to make the impact of tax bills less dramatic.
There are 5 article(s) tagged millage rate:
Facing higher property values from reappraisal, an effort in the Southaven proposed fiscal year 2026 budget will try to make the impact of tax bills less dramatic.
The DeSoto County Board of Supervisors went through its property tax review, lowering the millage so property owners don’t face sticker shock after reappraisal.
Olive Branch moves forward to set millage rate while keeping in mind that reappraisal increased property values, affecting tax bills.
Governments in DeSoto County are starting their annual budget process, but first, property owners have to figure out what the heck is a mill.
The adjustments to the millage rate will not cover the entire Hernando budget, but it will be up to the city leaders to balance the financial plans as they deal with costs in the fiscal year.
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