9-25-13 — County tax rates will remain the same in 2013, following action taken by the Wayne County Fiscal Court during a special meeting held Tuesday, September 17.
Wayne County Judge-Executive Greg Rankin recommended that the court keep the tax rates the same as the previous year.
The tax rate for real property will remain at 12.6 cents per hundred dollars of assessed value. That is significantly less than the compensating rate of 14.5 cents which the court opted not to take.
The rate for personal property will remain at 33.25 cents per hundred dollars of assessed value.
The court opted not to take the compensating rate for personal property which was 39.62 cents.
The tax rate for motor vehicles will remain at 10.2 cents per hundred dollars of assessed value.
"This is good news for the people of Wayne County," stated Rankin. "While some counties across the state have been raising taxes and cutting services, here in Wayne County, we are able to continue providing the services our citizens expect without taking more of their hard earned money through tax increases. We take our responsibility to the taxpayers of Wayne County very seriously and will continue making sure county government lives within its means, just like everyone else has to do."
Also during the meeting, magistrates approved 2013 tax rates set for all local taxing districts.
The action is required before local tax bills can be printed and mailed to residents.
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September 24, 2013
County tax rates remain the same
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