County Tax Rate Will Raise $700,000 More
Submitted by Edgar on Thu, 08/14/2014 - 11:58am
Fayette County commissioner moved Monday to set the county tax rate for 2015 at 0.4193 per $100 of taxable value, the same rate as 2014, by agreeing to place an item to that effect on a future agenda. But according to chief appraiser Richard Moring, with an estimated $160 million of increased property values in the county (50 million of that coming from increased oil and gas activity), the same tax rate will yield about $700,000 in additional revenue.
Rate this article: