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The Taylorsville City Commission voted to raise tax rates 4 percent during a special called meeting Monday.
The increase will raise real property rates from 15.9 cents per $100 of assessed value to 16.7 cents per $100 of assessed value. Personal property rates will increase from 20.13 cents per $100 in assessed value to 20.88 cents. For example, a citizen whose home is valued at $100,000 will pay the city $167, up $8 from last year.
According to City Comptroller Randy McConnell, the change would bring in $9,612 to city coffers.
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