• Tuesday, November 5, 2024

Mount Vernon News September 17 2024: Mount Vernon prepares tax levy to raise $1.24 million

The Mount Vernon City Council held its first reading on setting tax levies for property tax within the city, which is projected to raise $1.24 million. The resolution was heard during its Sept. 9 meeting.

The draft minutes indicated that the county auditor's estimated tax rate for the General Fund would be 2.60 mills, which would raise $1.01 million. A 0.30 millage rate for the Police Pension would raise $117,000, with the same millage rate for the Fire Pension raising an equivalent amount in tax revenue.

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