9-22-10 —     County tax rates will remain the same for 2010, following action  

taken by the Wayne County Fiscal Court during a special meeting held  

on Tuesday, September 14.

    Magistrates agreed with the recommendation of County Judge-Executive  

Greg Rankin to keep all rates the same.

    The compensating rate for real and personal property actually  

reflected a slight increase in those taxes, but Rankin said he would  

not recommend the change.

    The real property rate will remain at 12.6 cents per hundred dollars  

assessed value, while the personal property rate will remain at 33.25  

cents per hundred dollars assessed value. The compensating rate for  

real property was 13.9 cents, while the compensating rate for  

personal property was 33.8 cents.

    The rate for motor vehicles will remain at 10.2 cents per hundred  

dollars assessed value. The compensating rate for motor vehicles was  

the same.

    Rankin said the current budget is based on the same rates as the  

county had in 2009.

    "That is what we have budgeted for," stated Rankin.

    Also during the meeting, the court received copies of rates approved  

by all the taxing districts in the county. No action is required by  

fiscal court on those rates.