The city plans on increasing its property tax rate by 5.2%. That means an average home — valued at $850,000 — would pay about $19 more in property taxes annually, while a business of that same value would pay about $34 more.
The city plans on increasing its property tax rate by 5.2%. That means an average home — valued at $850,000 — would pay about $19 more in property taxes annually, while a business of that same value would pay about $34 more.