With a Nov. 5 election looming on the Elk Creek Fire Protection District’s request for a property tax increase (Ballot Question 4A) both sides of the issue have heightened their efforts to get information into the hands of district voters.
The question will ask the voters for a 2.5 mill increase. That’s $2.50 in additional tax for every $1,000 of “assessed value,” with “assessed value” being 7.96 percent of actual value for a residential property. The existing property tax mill rate for the district is 4.915 mills, so the additional 2.5 mills translates to a 50.9 percent increase in the district’s property taxes, to 7.415 mills.
The additional 2.5 mills would “sunset,” or disappear, after 10 years under the proposal.
The ballot states the 2.5 mills would raise $482,138 in fiscal year 2014.
Details in this week's Flume.
