Council keeps millage rate the same

Monday, October 26, 2015

The Blytheville City Council took less than 10 minutes and offered no debate whatsoever Monday morning in a special meeting, before voting to keep Blytheville's millage tax rate unchanged.

The Blytheville City Finance Committee, meeting first Monday morning at the Mayor's office in a special session, voted to send a recommendation to the full council that the city's millage rate remain unchanged next year. Setting the millage rate was the only item on the committee's agenda.

"Although many cities in the county are at five mills, I think that we should remain at four mills," Finance Committee Chairman Stan Parks said.

"Well, that's the exact same statement that I've made at the previous two meetings. So I'll make that motion for the third time," Councilman Kevin Snow said.

Parks seconded the motion and it was sent to the full council for a vote. All members of the Finance Committee were present except for Councilman John Musgraves. The full council met immediately thereafter in a specially called meeting to set the millage rate for next year. Millage rate submissions are due in October. In the event that a city fails to submit the next year's millage rate before Nov. 1, then millage rate is set as zero mills.

The full council, with the exception of Musgraves, was present for the specially called meeting Monday morning.

"We just had a finance committee meeting and we voted to leave the millage rate the same," Parks told the full council.

With no debate or discussion, the council voted 5-0 to accept a resolution fixing the tax rate for the city of Blytheville for the year 2015, payable in the year 2016, and payable to the office of Mississippi County Tax Collector at 4 mills. The tax is levied and assessed "against each one dollar of value on the taxable real and personal property as said value is set and fixed for State an County purposes for the year".

The millage tax rate is broken down as 3 mills for "general fund" (maintenance and operations), zero mills for "general improvement bonds" (debt service), 0.5 mills for firemen's pension and 0.5 mills for policemen's pension. The total will be 4 mills.