City property owners caught a likely break in their upcoming tax bills Thursday night when the city council rejected its own earlier plan to raise the tax rate 4 percent.
Council members voted last month for the 4 percent increase, but reversed course and will now likely opt for what's called the "compensating rate," which gives the city the same amount of revenue it had a year ago, plus revenue gained from new homes or businesses.
That rate will provide an estimated $883,822 in revenue from real estate, about $27,000 more than the city received a year ago.
If you currently subscribe or have subscribed in the past to the Anderson News, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.
If you are new to the award winning Anderson News and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.
ZIP Code: | |