Elizabethtown Independent
August 19, 2019 5:30 PM
Special Hearing for Proposed Property Tax Rates
I. CALL TO ORDER
II. RECEIVE PUBLIC INPUT REGARDING THE PROPOSED PROPERTY TAX RATES FOR 2020
Rationale

The purpose of this hearing is to receive any comments from the public in regard to the proposed 2019-20 tax levy for Elizabethtown Schools. The proposed tax levy is: Real Estate General Purposes (including exonerations allowance) $0.724(cents) Building Fund $0.110(cents) Total Property Tax Levy $0.834 (cents) Personal Property General Purposes (including exonerations allowance) $0.724(cents) Building Fund $0.110 (cents) Total Property Tax Levy $0.834 (cents) The 2018-19 property tax levy was $0.834 cents on real estate and $0.834 cents on personal property. A Motor Vehicle Tax of $0.538 (cents) and the three percent (3%) Utility Tax are also proposed. The total certified value of property subject to school tax increased from $736,453,258 in 2018-19 to $792,407,541 in 2019-20 an increase of 7.6 %. This includes $8,237,980 in new property.

III. ADJOURNMENT