Posted on
Tuesday, August 19, 2008
Tuesday, August 19, 2008
Public Mum on Smith County Tax Rate Plan
Smith County commissioners on Monday held a public hearing on their proposed tax rate. No members of the public asked to speak.
The proposed tax rate is the same as last year, 28.8940 cents per $100 in property valuation.
Because the average home value in Smith County rose this year -- from $126,719 to $131,899, or about 4 percent -- many homeowners will see a higher tax bill. On that average home, for example, the bill would be up $14.97 from $366.14 to $388.11.
The budget is scheduled to be adopted on Aug. 25.
Other items approved on Monday include:
Payment of bills and payroll, transfers of funds, health claims and budget transfers and amendments.

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