Madison County chief appraiser Robin Baker said this week that he expects the county digest — its overall property value — will be submitted to the state by Aug. 1.
That means property tax bills can be expected to hit mailboxes this year in October, with a due date in December.
Baker said overall property values will be down slightly, though he said he hasn’t “run the numbers” yet and declined to offer an estimate of how far down the digest will be.
“It’s going to be a small decrease,” said Baker. “I’m thinking it may be down a little.”
Last year, county and school governments felt the pinch of reduced property values, which lowered their property tax revenues considerably. But Baker said he doesn’t expect this year’s decrease will be like last year’s.
The Madison County Tax Assessor’s office received just over 100 appeals this year from county property owners who feel their property was incorrectly valued by local appraisers.
Madison County’s school board recently set its 2013-14 fiscal year budget. The school property tax rate will remain at 16.99 mills. Meanwhile, county commissioners will meet from 9 a.m. to noon on July 22, 23 and 24 to discuss the 2014 budget. Commissioners have expressed no interest in raising their mill rates.