Information on Tax Millage Adjustment

The work of the Downtown Development Authority is largely funded by a small ad valorem or property tax of 8.64 mills levied on properties within the area called the Downtown Development District. Every four years, parish tax assessors do what is called a ‘reassessment’ in which they determine whether values have gone up or down. The tax rate is based on that assessment. Each year in late summer as DDA staff begins preparing the budget for the upcoming year, they contact the tax assessors in Caddo and Bossier Parishes and the City of Shreveport Finance Director to determine the...

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