|Lower Tax Levy Rates|
|Friday, 23 March 2012 14:08|
After the hospital dropped its tax levy rate last week, we now have a better picture about what you will pay in property taxes for the 2012-2013 fiscal year. The city and the county have both lowered their rates and the school is also proposing a lower rate.
Comparing rates from last year on a $100,000 home:
$9 dollars less to the hospital
$97 dollars less to the city
$55 dollars less to the county
$100 less with the school's proposed rate.
So, taking into account the roll back rate from the state, this is what the property tax rates are starting to look like according to the Mahaska County Auditors Office.
Oskaloosa residents will pay about $2,000 on a home worth $100,000.
County residents will pay about $1,500 to $2,000 on a home worth $100,000 -- depending on what township they live in.
On the topic of the hospital. Last year the $25 million dollar expansion project broke ground and the public expressed concern that the project would raise property taxes. MHP's CEO Jay Christensen says the hospital is committed to keeping its tax levy rates the same for at least five years, after then he hopes rates will stay the same for even longer.
"Well I don't think anybody can say forever, but at this point in time we are preparing our strategic plans with the intent that the dollar amount will stay the same. It is really our intent to keep it the same and make us functional just off our operations as much as we can and then we use that levy for things like additional capital equipment and other things we might need." - MHP's CEO Jay Christensen
The expansion project is expected to be done by the fall of 2013 and Christensen is pleased with the progress so far.
"It's been a good winter for construction projects and I think it's boded well for our schedule with where we set last fall, so things are going well." - MHP's CEO Jay Christensen
The expansion project will add a new wing with a new inpatient and birthing center and more space for surgery.