For the first time in quite a while, Farmersville residents are receiving a lower tax rate from the city of Farmersville.
In the Aug. 9 city council meeting, councilmembers approved to set the proposed tax rate for the Fiscal Year 2016-’17 at 78 cents per $100 evaluation, almost seven cents lower than last year’s tax rate of 86 cents.
With this rate, the average citizen with a home of $120,000 in the city of Farmersville will pay $945.07.
By Wyndi Veigel • News Editor • [email protected]
For the complete story see the Aug. 18 edition of The Farmersville Times or click here for the e-Edition.