8 protest tax values in county Board takes all under advisement
Published 12:06 pm Tuesday, August 2, 2011
Owners of eight properties questioned their property values in formal objections taken under advisement Monday by Warren County supervisors.
The economy and how taxes are calculated were prominent themes in the protests, gathered annually by tax assessor’s offices statewide as land roll values are set and budgets are adopted.
“I guess my protest is that I can’t afford to hold the property if it’s going to be taxed at that rate,” said Petesy Smith, an attorney and Warren County District 1 Election Commission member, about rental units anchored at 2135 Cherry St. Smith’s protest was one of four involving rented homes or apartment complexes.
The site’s main apartment house and four neighboring units were purchased in 1988 for $70,000, she told supervisors. Expectations didn’t point to its being a big income producer this year, Smith said.
“We had figured either a 60 percent or 70 percent occupancy rate,” Smith said. “The property was built in the early 1900s, so you know it’s a maintenance hole.”
Six of the protests involved buildings reappraised by the Tax Assessor’s Office this year, Deputy Tax Assessor Jim Agent said. Annual reappraisals to a quarter of the county’s 26,050 parcels took place in a swath of central Vicksburg from downtown to neighborhoods between Halls Ferry Road and Indiana Avenue.