MADISON, AL (WAFF) - There will be a special election in Madison for a property tax increase.
The Madison City Council voted unanimously to hold the election for the ad valorem “12 mil property tax” on Sept. 10.
“12 mil” does not equate to lillions. It is related to your property. This breaks down to roughly $1.20 on each $100 worth of taxable property.
In November, the Council passed a resolution that put the tax increase on the table of the Legislature. They needed to pass legislation to approve the special election, which happened within the last few weeks. Gov. Kay Ivey signed it into law April 30.
Should the vote pass, it will go into effect on Oct. 1.
The tax will go towards the city’s growing school system. Classrooms are bursting at their seems, so several new schools top the to-do list.
“We will run out of space within just a couple of years at all three levels, but we have a plan for it. We’re going to the community and asking the community to help us keep our school system at the level we are at right now," said Robby Parker, superintendent of Madison City Schools.