Beginning next July, Macon County residents can expect to see on average a 14.8 percent decrease in their property value due to the 2015 tax revaluation. The change in value, which varies based on type of property as well as location within Macon County, will bring Macon County to a .33 millage rate per $100 in Macon County. As it stands right now, at .27 millage rate per $100, Macon County has the lowest property tax rate in the state. The increase will result in Macon County now being the 5th lowest in the state.
Property tax rates need to produce about $25 million annually in order for the county to maintain a revenue neutral budget and be able to provide the current level of services to citizens.