Question
question: Provide the Fair Cash Value (in Thousands) for the County in total. Central County includes five townships (Nixon, Reagan, Davis, Greasy Creek, Navaho) and
question: Provide the Fair Cash Value (in Thousands) for the County in total.
Central County includes five townships (Nixon, Reagan, Davis, Greasy Creek, Navaho) and one city (Booneville). It is served by two independent school districts: Seagram United (Davis and Greasy Creek Townships) and Yeltsin Consolidated Schools (Nixon, Reagan, and Navaho Townships). Each government in the county levies a property tax to finance its activities, although Booneville has also enacted a local earned income tax (it is expected to yield $750,000 in the next year). Property tax rates are applied to assessed value, defined to equal 50 percent fair cash value. Local unit tax rates fully overlap. The county assessor reports the following fair cash values for units within the county:
Nixon Township $69,535,000
Reagan Township $35,000,000
Davis Township $23,720,000
Greasy Creek Township $15,922,000
Navaho Township $27,291,000
Booneville (Davis Township) $88,450,000
Booneville (Greasy Creek Township) $75,392,000
The township value data are for the area outside of any city or town that resides in the township. Values within a city must be added to obtain the township total. Planned Expenditure by Taxing Units The following presents the amounts that each taxing unit has budgeted to spend in the next year:
Central County $3,428,000
Booneville City $4,539,000
Nixon Township $ 99,000
Reagan Township $ 150,000
Davis Township $ 250,000
Greasy Creek Township $ 175,000
Navaho Township $ 83,000
Seagram United Schools $6,350,000
Yeltsin Consolidated Schools $3,800,000
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