CLINTON—The property tax rate will remain unchanged in Anderson County in the fiscal year that begins July 1, officials said.
Anderson County Mayor Terry Frank and the Budget Committee had both presented a no-tax-increase budget, and on Monday, the Anderson County Commission set the property tax rate for the 2014-2015 fiscal year.
The tax rates for the new fiscal year will stay the same as the rates for the current fiscal year, which ends June 30. Property owners within the city of Clinton will pay $2.50 per $100 of assessed value on their property, Oak Ridge property owners will see a tax rate of $2.347 per $100, and property owners in Lake City, Oliver Springs, Norris and unincorporated areas of Anderson County will pay $2.529 per $100 of assessed value.
While Anderson County Commission voted to approve the tax rate resolution, the legislative body has not yet approved an operating budget for the new fiscal year, the Anderson County Mayor’s Office said in a press release. [Read more…]