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PC Council declines tax levy increase for 2012

Wednesday, August 22, 2012

Members of the Pierce City Board of Aldermen turned down a proposed tax levy for 2012 in a special hearing on Monday night.

"We promised the voters they wouldn't have a tax increase if they approved the wastewater system project," said Alderman Cory Sooter. "I wouldn't approve a tax rate increase because of that promise."

Calculations were based on $7,281,469 on real estate assessments and $2,100,373 on personal property assessments.

The proposed increase for the general fund would have been .4714, up from last year's .4700. For the park's department, the proposed levy was .1204, compared to last year's .1200. For the fire department, the proposed increase would have been .1204, compared to .1200 last year.

In all, the increases would have only gained a total of $206.40 for the city's revenues.

"If that's all it is, I would say not to increase the rate," added Alderman John Archer.

Aldermen were in agreement and unanimously declined to increase this year's tax levy rate.



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