Thursday, June 26, 2014

Reporter Reports Boone County Commissioners Approve Increase in Cumulative Capital Development Tax

From the Lebanon Reporter:

In a 2-1 vote, the Boone County Commissioners Tuesday approved an ordinance that would allow the county council to raise a property tax. “It has come to a point where we have to do something,” Commissioner Jeff Wolfe said before joining Donnie Lawson, president of the commissioners, in voting for the ordinance that allows an increase in the county’s cumulative capital development tax to no more than 3.33 cents for every $100 of taxable value.