Opponents of an increase in a county
property tax have less than a month to file a petition against the rate hike.
At least 50 people must sign the
petition objecting to an increase in the county’s Cumulative Capital
Development Fund rate, which was narrowly approved Tuesday by the Boone County
Council.
The increase is 3.30 cents for every
$100 of assessed valuation, or three-one-thousandths of one cent under the
maximum allowed rate of 3.33 cents. A smaller increase is possible, when the
council meets in September to adopt the county’s budget for 2015.
...
- See more at:
http://reporter.net/local/x243091445/County-OKs-increase-in-CCD-tax#sthash.VI9kmNVu.dpuf
