Article: AUBURN CITY COUNCIL TO CONSIDER AUTHORIZING ASSESSMENT, COLLECTION OF ANNUAL AD VALOREM TAX, APRIL 1

The city of Auburn issued the following news release:

The Auburn City Council will consider three ordinances authorizing the Lee County Revenue Commissioner to assess and collect City ad valorem (property) taxes at their Tuesday, April 1, 2008 meeting. These ordinances do not authorize a new tax or a tax increase, but instead authorize the assessment and collection of existing taxes. The City Council must authorize the County Revenue Commissioner to assess and collect the property taxes annually. Auburn's property taxes total 26 mills and break down as follows:

5 mills - General Fund

5 mills - Special Five Mill Tax Fund

5 mills - Special Additional School Tax Fund

11 mills - Special School ...

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