MOUNT VERNON — Knox County residents will be asked to hit the polls on Tuesday to vote for or against additional funding for schools.
The News, in cooperation with the Knox County Auditor’s Office, has compiled charts with information regarding current school levies including levy history, current millage and what property owners currently are assessed on their property tax for those levies. In addition, information regarding the levy on the ballot is included.
Inside millage is a designated number that was established in 1976 to fund public schools. That number has not changed and is in effect on a continual basis. It was, and never will be, a voted upon number.
When levies are initiated, a millage is determined that will generate the funds asked by the districts. As time goes on and property values fluctuate, the millage assessed to properties also fluctuates. The charts show the voted upon millage and the current millage.
All costs in the charges are based on a property that is appraised at $100,000. The cost does not take into account any reductions such as the Homestead Reduction.