Tax Rate Approved, Budget to Follow at Tuesday Meeting

  Last week, Fairfield City Council vote 3-1 to pass set the tax rate at .464582 per $100 assessed property value for the 2019-2020 Fiscal Year.

  This is the calculated “rollback” rate, and constitutes a 7.5% increase compared to last year.

  The rollback tax rate is the highest tax rate a governmental tax entity is allowed to adopt before voters are entitled to petition for an election to limit the rate that may be approved.

  Voting to approve the increase, during the September 17, 2019 meeting, were James Tyus – Place 1, Landis Bayless – Place 4, and David Steward – Place 5.

  Randy Johnson – Place 2 voted against the measure.  Bobby Nichols – Place 3 was not present during the vote.

  This week, Council members will address the Budget for Fiscal Year 2019-2020. 

  Also on the Tuesday, September 24th agenda is the proposed changes to the Residential and Commercial Water and Wastewater Rates for Utility customers, both inside and outside city limits.