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At the August 1 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 2017-2018 Fiscal Year.
The Council may ultimately adopt a rate below the amount declared, but cannot adopt a rate that exceeds the maximum rate amount declared.
There will be two public hearings on the tax rate. They will be held at the August 15, 2017, and September 5, 2017, City Council meetings. The actual vote to adopt a tax rate is currently scheduled for the September 19, 2017, City Council meeting.
If you have any questions, please contact the Finance Department at 936-291-5486.