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Old Business   Item #:
City Council Regular Meeting
Real Estate Tax Increase
First Reading: 05/21/2019 - Public Hearing
Final Adoption: 06/04/2019
The Fiscal Year 2020 City Council Introductory Budget includes a Real Estate Tax increase from $0.80 of assessed value to $0.84 per $100 of assessed value. This represents a $0.04 increase in the tax rate over the current rate.
It is recommended that City Council approve the attached Ordinance amending the Danville City Code for the Real Estate Tax rate.
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