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Property Tax Increases

Ringgold County | Recent Changes

Much in the media in the state now is very critical of property tax increases which many perceive as being out of control. It is very important that one looks at the real numbers instead of select numbers. With that being said even verifying my numbers that I may quote here should be examined individually.

I first of all do not want to minimize the tax increases that Sun Valley Lake has had. They are without a doubt significant. Even there, one must ask the question is the percent of taxes verses the real value of the property high. In the last 10 years very few properties at Sun Valley have sold at less than assessed value. That can not be said in the rest of the county.

I want to display residential properties's tax bill of selected properties. The first in Mount Ayr, only the house portion of the tax bill on a farm house, and a house tax bill in a small town. All happen to be in Mount Ayr School District


Mt Ayr

YearNet TaxHomestead Credit From StateGross Tax to local Govt
200413981491548
200313861521538
200212291661498
200113481781526
200011801801360
199912361941430
199812321871419
199712742001474


Farm house, no land
YearNet TaxHomestead Credit From StateGross Tax to local Govt
2004577113689
2003574116690
2002538124662
2001544134678
2000546147693
1999506140646
1998500134634
1997521144665

Small town house only
YearNet TaxHomestead Credit From StateGross Tax to local Govt
2004332115447
2003328118446
2002342144486
2001342155497
2000336169505
1999316165481
1998314156470
1997322167489

Commercial Property in Mt Ayr
yearTax
20042420
20032364
20022472
20012448
20002276
19992424
19982366
19972460


There are problems with the present tax system but in a low valuation county and low rates of increase in values such as the bulk of Ringgold County the present system results in very flat tax bills. Beware of anyone who wants to change the present system in an effort to control your "rapidly increasing tax bill"

I should point out that the homestead credit in any district is the same amount of dollars whether the house is 15,000 or 150,000 of assessed value in any given year. Also any one year taxes may reflect increased or decreased projects which may be underway in any government enity,



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