During Monday night’s Minden City Council meeting, there was one item which was rapidly approved with very little discussion.
However, this action made by the council speaks volumes about its concerns regarding the citizens of Minden.
The City Council had the opportunity to roll forward Minden’s ad valorem property tax rate. By law, no entity can collect more money in a given year over a previous year without taking action to do so.
So when property assessments go up, or the population increases, taxing bodies must either roll forward the text rate to collect the additional dollars or they decide