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At the August 2 City Council meeting, the Council approved a motion to announce their intention to adopt a maximum property tax rate of $0.3809 per $100 valuation for the City’s 2016-2017 Fiscal Year.
With the approval, the Council has declared their intent to announce the adoption of a rate no higher than the effective rate. The Council may ultimately adopt a rate below the amount declared, but cannot adopt a rate that exceeds the maximum rate amount declared.
If you have any questions, please contact the Finance Department at 936-291-5486.