BURTON CITY COUNCIL PROPOSES REDUCED TAX RATE
The Burton City Council on Tuesday proposed a tax rate 10 cents lower than the previous rate.
The council voted to formally propose the no-new-revenue rate of $0.32131 per $100 valuation as the new tax rate. Last year’s rate was $0.4246.
Washington County Chief Appraiser Dyann White estimates that with the new rate, the tax on the average homestead will decrease from $775 to $643, despite average home values increasing from $182,645 to $200,266.
The proposed rate is made up of $0.073738 for maintenance and operations (M&O) and $0.247572 for interest and sinking (I&S).
The effective levy at the no-new-revenue rate is $55,000. In comparison, the effective levy at the voter-approval rate of $0.329989 would be $58,000.
A public hearing on the tax rate will be held September 13th at 5:30 p.m.
Also on Tuesday, the council accepted estimates from Washington County Road and Bridge for street improvements and approved an interlocal agreement with the county for road improvements. City Secretary Angela Harrington said the city’s cost will come to around $33,000.
The council also approved an ordinance adopting rules and regulations for Weeren Park.