March 28, 2024

Breakdown of Taxes 2018

The Taxable Value of Fall River County increased about 19 million this year.  The commercial reassessment accounted for 7 million of that increase.  The other increases included 10 million in residential, 9 million in agricultural land, and 2 million in agricultural homes.  There was a loss of 9 million in the value of utilities.  The following table shows the taxable value of the county by property type for the last 5 years.

 

The following table shows taxes collect each year.  Taxes to be collected in 2018 increased about $50,000 from last year but decreased about $22,000 from 2016.  Taxes collected by the county have been about $10 million since 2015.

 

The following charts show the data from the tables above.


The value of the county has been increasing for the last five years, with the budget remaining the same most areas have seen reductions in their mill levies. The following chart shows the mill levies by property type for 5 example tax districts in Fall River County. The mill levy reductions from 2014 to 2018 are evident.

 

The following pie chart shows what entities receive the taxes collected county wide.


Full Report: Tax Breakdown Report 2018

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