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County raises its millage

After the third and final county budget hearing, Lamar County commissioners voted to set a net millage rate of 9.942, a rollback from 12.367 due to one cent Local Option Sales Tax revenues that bring in about $1 million a year. The hearings were required by state law because the millage rate rose .86 mills, or about $34 per $100,000 of home value. This will bring in a total of $306,600 to balance a budget of just over $8 million. ’What sales tax is generated from that goes into the general fund to offset property taxes,’ said chairman Jay Matthews. ‘If we could bump that up a little bit it would be significant. That would have to come through the General Assembly.’ In accordance with state law, the commission incorporated the board of education’s 15.8 millage rate at the July 28 meeting. The entire package, passed unanimously in three separate resolutions, was sent to the state Department of Revenue by the Aug. 1 deadline.

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