City proposes 7 cent tax increase

 

Yorktown City Council met Thursday for a public hearing on a proposed tax rate for the coming fiscal year.
 
Council is considering a seven cent tax increase to help complete a street improvement project.
 
The rate the city is proposing is .68561¢ per $100 valuation. That compares to the current rate of .61264¢.
 
Yorktown is holding two public hearings on this rate because it represents the highest tax rate the city can adopt without having a roll back election.
 
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