Wednesday, August 3, 2011

Property Tax Rate and Budget Picture Shaping Up

The Council gave preliminary approval to a property tax rate of 79 cents per 100 dollars of valuation, which is two cents less than the current rate. That would be the first time since the 90s that property taxes were that low. The city will still get revenues from an increase in some fees. There’s a public hearing on the proposed tax levy and budget proposal at the next council meeting.

No comments:

Post a Comment