MSD lowers tax rate for eighth straight year

Terry RogersEducation, Headlines, Milford Headline Story

Milford School District voted to lower the Kent County school tax rate from $1.6593 per $100 of assessed property value to $0.2807 per $100 value after receiving reassessed property values from that county. The rate in Sussex also dropped from $4.6503 to $4.4556 per $100 of assessed. “We received final information from Kent County that we are basing this off …

School board hears how Kent reassessment could impact taxes

Terry RogersEducation, Headlines, Milford Headline Story

At a recent meeting, Milford School District Board of Education heard from Dr. Sara Hale, Chief Financial Officer, how the recently completed Kent County property reassessment could have an impact on school taxes in Milford. Prior to the reassessment, Kent County used property values determined in 1986. Sussex County is currently undergoing reassessment as they were using values determined in …