Certified taxable values for taxing jurisdictions have been released to the Erath County Tax Assessor/Collector by the Erath County Appraisal District, which show that property values continue to increase across the county.

Taxable property values in Erath County increased from $1.79 billion in 2006 to $2.05 billion in 2007, an increase of 14.5 percent. This percentage of increase exceeds the 10 percent increase between 2005 and 2006.

Jennifer Carey, tax assessor collector, said she is in the process of computing the effective rate for the county, city and Middle Trinity Water Conservation District, which each entity must consider when setting the tax rate. She said the school districts calculate their own effective tax rate because they must follow the Teacher Education Agency guidelines.

The effective tax rate is determined by calculating the rate that would be required to produce the same amount of revenue from the previous year, after any new property, new exemptions and new improvements are removed from the total taxable value.

When taxable values increase, a taxing jurisdiction can receive the same amount of revenue with a lower tax rate than the previous year. If the tax rate remains unchanged, the dollar amount of taxes paid by property owners will increase unless there is no change in the taxable value of the taxpayersí property.

Taxable values in the City of Stephenville increased by 13.8 percent, rising from $719.3 million in 2006 to $818.5 million in 2007. The increase from 2005 to 2006 was 11.42 percent.

Dublinís taxable values increased by 7.7 percent, increasing from $81.1 million in 2006 to

$90.6 in 2007 while taxable values in the Middle Trinity Water Conservation District rose from $1.86 billion in 2006 to $2.11 billion in 2007, an increase of 13.4 percent.

Taxable values in the Stephenville Independent School District increased 14.28 percent, rising from $1.05 billion in 2006 to $1.20 billion in 2007.

Taxable values in the Dublin Independent School District rose from $227.9 million in 2006 to $246.5 in 2007, an increase of 8.16 percent.

Changes in taxable values for other area school districts are:

Huckabay ISD taxable le values increased from $80.8 million in 2006 to $99.13 million in 2007, an increase of 22.7 percent. Lingleville ISD values increased from $59.1 million in 2006 to $60 million in 2007, an increase of 1,52 percent, Morgan Mill ISD values increased from $52 million in 2006 to $58.8 million in 2007, an increase of 13.07 percent. Bluff Dale ISD values increased from $97.7 million in 2006 to $114.2 million in 2007, an increase of 16.89 percent. Three Way ISD values increased from $32.5 million in 2006 to $34.8 million in 2007, an increase of 7.08 percent.