The Board voted unanimously last night to advertise a rate of 97.8 cents per $100 of assessed value for Calendar Year 2012, two cents higher than the 2011 rate. By law, the Board can set the tax rate no higher than the advertised rate, though it can set a lower rate.
The advertisement of a higher tax rate comes as the county is already assured of higher tax revenues, as a result of a 6.6 percent increase in residential and commercial real estate assessments.