2010 proposed real estate tax rates

from North Richmond News

March 10, 2010

Yesterday four different real estate tax rates were introduced at City Council:

  • $1.23
  • $1.22
  • $1.21
  • $1.20 (current rate)
  • $1.19

Knowing that the city faces a thirty million dollar budget shortfall, I don’t see Council keeping the rate the same (or lowering it). As Northside property values stayed roughly the same last year, it looks like we’ll all be getting a larger bill next year.

Council will vote on the new rate on April 12th.

CHPN has an ongoing discussion on the matter as does Hills and Heights.

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March 10, 2010

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