01-26-2010, 05:14 PM
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Join Date: Apr 2009
Location: Little Rock area,
AR
Cobra Make, Engine: ERA Street Roadster #782 with 459 cu in FE KC engine, toploader, 3.31
Posts: 4,533
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Quote:
Originally Posted by Ron61
Dan,
My cousin has lived there his whole life and he owns 2 farms and leases another.He tried to explain the mill thing to me but I don't understand it all.
Seems it is added onto the property taxes for schools or something. Anyway I was really surprise at what his taxes were.
Ron
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Ron - yeah, I didn't want to go into the property taxes thing - because honestly I don't understand it fully myself. Each county sets it's own millage rate and somehow that generates a tax bill based on some sort of perverse valuation system. The millage rate varies considerably from county to county - which is how the state got into court trouble years ago over un-equal school spending across the state. 
Dan |
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