Selma Tax Rate Jumps 4 Cents
Selma residents will be paying higher property taxes under a budget approved by the town council last week. The $15.4 million spending plan includes a 4 cents property tax increase from 49 to 53 cents per $100 valuation. This means, for a resident with a $100,000 house, they will be paying about $40 more a year in property taxes. Residents will likely be faced with an increase in electrical rates during the next year. Town employees will see a five percent pay increase.
The official blog of Troy LaPlante of Selma, NC. Find more of Troy's online presence at troylaplante.com
Tuesday, July 08, 2008
It took a while for the local radio station to report it, but here it is
I have written a few times about Selma's tax rate going up. Here is what WTSB reported today.
Labels:
electricity,
government,
north carolina,
property tax,
selma,
taxation,
town,
utilities
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