- Associated Press - Monday, June 16, 2014

THIBODAUX, La. (AP) - The Thibodaux City Council will hold a public hearing on its 2014 property tax rate.

The Daily Comet reports (https://bit.ly/1lsx4xz ) Tuesday’s hearing precedes the council’s regular meeting.

The council annually sets the millage rate, which is used to calculate the amount property owners must pay for public services. A mill is about $1 in taxes for each $1,000 worth of property.

The city currently collects 14 mills, which generates about $474,000 a year, and hasn’t had an increase since 2004. The council is considering increasing the millage by .16 mills, the maximum approved by voters. The increase would cost the owner of a $100,000 house about $1.60 more a year.

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Information from: Daily Comet, https://www.dailycomet.com


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