HUNTSVILLE — The property tax rate here will remain unchanged in fiscal year 2014-2015.
The town's mayor of board and aldermen on Thursday passed the first reading of an ordinance adopting an operating budget and establishing a tax levy for the next fiscal year, which begins July 1. City recorder Wendy Buttram explained that the proposed property tax rate of 50 cents per $100 of assessed value is unchanged from the current rate that was adopted for FY 2013-2014.
The first reading of the budget was adopted without fanfare. The only discussion centered around a resolution that was adopted — like the budget, by unanimous vote — to purchase a utility truck for use by the town's sewer department. That resolution will be absolved into the budget before the second reading of the ordinance, which is set for June 26.To continue reading, please subscribe to the Independent Herald. If you are already a subscriber, email firstname.lastname@example.org to receive login credentials. If you are a subscriber who is logged in and believe you are seeing this message in error, please email email@example.com or call 423-569-6343.