County tax rates slated to fall

ALLISON — The Butler County auditor’s office has readied this year’s proposed fiscal 2016 budget for publication. If approved, county rates would fall about 76 cents per $1,000 from taxes payable in the current fiscal year.
  The rates are not yet finalized. Before the budget can be adopted, a public hearing will be held. Comments can be sent to the auditor or brought to the board at 9:30 a.m. on Tuesday, March 10 in the county supervisors’ boardroom.
  The proposed property tax rate the county levies on urban areas is $5.99751 per $1,000 assessed valuation for taxes assessed starting in September, down about 76 cents. The proposed rate on rural areas is $9.74751 per $1,000 assessed, also down about 76 cents ...
  Supposing a residential property was assessed at $100,000 in 2014, just $55,733.50 of that value would be taxable in fiscal 2016. Property taxes due for assessment year 2014 are paid in the fall of 2015 and the spring of 2016 (fiscal 2016) ...
  Read more in the Feb. 26 Butler County Tribune-Journal and Clarksville Star.