County Tax Rate Will Raise $700,000 More

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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.
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