Despite its millage rollback, many Fayette County residents will pay more in property taxes because of increased assessments. Courtesy Fayette County

Fayette sets 2018 millage rate

The Fayette County Board of Commissioners unanimously approved the 2018 property tax millage rate at its Aug. 23 meeting.

The General Fund’s Maintenance and Operations rate will be 4.392 mills, a 2.6 percent decrease from last year’s 4.509 mills. The millage rate for fire, emergency services and E-911 will remain unchanged at 3.070, 0.456 and 0.210 mills respectively. Chief Financial Officer Mary Parrott noted that increases in the assessed value of Fayette County properties will result in approximately $280 million in additional tax digest this year.

The Fayette County Board of Education already approved its 2018 millage rate of 19.5 mills on Aug. 20.

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