Property Tax Increase Set for GO at This Point in Cannon County

Jul 29, 2013 at 02:15 am by bryan


Property taxes are on the upswing in Cannon County. The Cannon County Budget Committee is set to make a recommendation to the full Cannon County Commission about the budget for the 2013-2014 fiscal year.  After holding what they hope to be their final meeting this past Thursday the Budget committee voted and approved a recommendation to increase the property tax by five cents. 

The current certified property tax rate is $2.48 per $100 of assessed valuation.  The increase would make the new property tax rate $2.53 per $100 of assessed valuation.  The reason for the tax increase is that it would cover the Sheriff's Department's expense of funding school resource officers for the Cannon County High School and an additional SRO that would rotate between the 6 elementary schools. 

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The hearing will to approve the increase will take place Saturday morning August 10th in the courtroom of the Cannon County Courthouse.

Source:

Partner Station WBRY

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