BURTON CITY COUNCIL SETS TAX RATE
The Burton City Council adopted the property tax rate for the new fiscal year at a public hearing Tuesday, one with no comments from the public.
The new rate is $0.4246 per $100 valuation, nearly 8 cents below 2020’s rate of $0.5000 per $100.
The rate will consist of $0.0940 for maintenance and operations (M&O) and $0.3306 for debt service (I&S).
The decrease in the rate is due to higher property values. The average value of a home in Burton rose this year by 12.72 percent from $158,856 to $179,074.
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