Set pension fund tax rate at 0.14% for fiscal year 2018
Resolution Ordinance No. 9-17 N.S.
In Plain English
The city collects a separate property tax to fund employee pensions. This law sets the rate at 0.14% of your property's assessed value for the upcoming fiscal year. If approved, a home valued at $300,000 pays $420 annually for the pension fund.
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