Lamar Co. Property Value Continues to Rise

 

valueupJuly 11, 2013- With solid growth for the past 20 years, the assessed value of property, homes and other assets in Lamar County is approaching the half-billion dollar mark, continuing to bolster county revenue.

The Hattiesburg American reports the county’s current assessed valuation, the total of taxable property, stands at over $498 million, up more than $7 million from 2012.

In 2000, the county’s assessed valuation was more than $244 million.

The increase in property value is good for the county budget, but it also means county taxpayers will see a small increase in their tax bill.

http://www.clarionledger.com/viewart/20130712/NEWS01/307120035/Lamar-Co-property-value-continues-rise