Assessed value of property down slightly
Tunica County Tax Assessor/Collector Norma Anderson delivered the 2014 tax rolls to the courthouse last Monday, but she and tax consultant Bill Bryant also brought sobering news to supervisors: the assessed value of real and personal property in the county is down.
In 2013, the total assessed value of property was just over $255 million, but for 2014, that value has declined to $251 million. Personal property took the biggest hit, dipping to $68 million from $90 million.
“We have to depreciate personal property every year and real property every four years,” Bryant told the Board of Supervisors. “Personal is $68 million, a decrease from $90 million because of depreciation.”
Downtown Tunica Renaissance Tunica’s downtown district...
Local insurance agent takes huge risks on waves While most people...
Drive Sober or Get Pulled Over One out of three traffic...
Woman struck, killed A woman walking along...
Casinos contest tax rates Saturday shooting Gaming issues dominated...