Every homeowner in the county saw a home valuation increase on their tax notices sent out this month.
County Assessor Gwen D. Rich reported a significant increase in the county’s taxable value to the state this year. From $856 million in taxable value in 2013 to $907 million this year, taxable value increased a whopping $51 million.
Of that increase, about $19.2 million was due to new growth, or homes constructed and new businesses locating in Morgan, Rich said. This year’s $19.2 million increase in new growth outshines last year’s $6.3 million increase.