Tax Rates

YEAR

2015

2014

TOTAL

$0.030374

$0.034570

M & O

$0.030374

$0.034570

DEBT

$0.00000

$0.00000

2013

$0.038596

$0.038596

$0.00000

2012

$0.04000

$0.04000

$0.00000

2011

$0.03994

$0.03994

$0.00000

2010

$0.03824

$0.03824

$0.00000

2009

$0.03622

$0.03622

$0.00000

2008

$0.03596

$0.03596

$0.00000

2007

$0.03716

$0.03716

$0.00000

2006

$0.03818

$0.03818

$0.00000

2005

$0.04259

$0.04259

$0.00000

2004

$0.05968

$0.04145

$0.01823

2003

$0.06192

$0.04198

$0.01994

2002

$0.06595

$0.05000

$0.01595

2001

$0.07446

$0.05000

$0.02446

NOTE:
The Total Tax Rate is comprised of two components, the Debt Service Rate and the M&O Rate. The Debt Service Rate is levied to pay Bond principal and interest payments and the M&O Rate is levied to operate and maintain the system and pay the costs of the administration of the Authority. As of September 1, 2005, the Authority has no outstanding Bonds and therefore no Debt Service Tax Rate. Property Taxes are based on each $100.00 of taxable value of both real and business personal property within the Authority.