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Recognizing the strains placed on residents during the current economy, Taylorsville City Commissioners have decided to maintain their current property tax rates.
“I think times are hard enough,” said Mayor Don Pay. “We need to help out where we can.”
Commissioners voted unanimously to propose tax rates of $0.148 on real property and $0.25 on personal property. Both tax rates are applied to every $100 of the property’s assessed value. The total amount to be generated by the taxes has been estimated at $141,664.
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