CRESTVIEW — Okaloosa County commissioners set the tentative millage rate of 3.4308 for the fiscal year 2017 budget.
The Municipal Services Taxing Unit rate was held at .2990 mills.
The tentative millage rate and the MSTU were kept at the same rate as fiscal year 2016. Ad valorem taxes proposed will be $54,058,746, or about 15 percent of the $370 million total proposed budget.
“Okaloosa County maintains the lowest tax rate in the state,” a county news release states.
Once the ad valorem tax millage has been set, it can only be adjusted downward.
These public hearings will be held in September to finalize and approve the $370 million budget:
●5:01 p.m. Sept. 6, Crestview City Hall
●6 p.m. Sept. 19, Okaloosa County Administration Building in Shalimar
This article originally appeared on Crestview News Bulletin: No tax hike for Okaloosa residents