The drop in property values and tax digests was slightly less severe than expected for 2012 and the county, city and school system will soon be setting their portions of the property tax rate accordingly. Tax Commissioner Dan Ray had roughly projected a drop of up to 8 percent in net digest, or the total amount of taxable property value in the county, based on the previous year’s figures. “It only came in at 4.5 percent,” said Ray.
Tax digest dip less than feared