RICHMOND CITY is proposing to increase its property tax revenue.
- The RICHMOND CITY tax on a $210,073 residence would increase from $103.29 to $180.52, which is $77.23 per year.
- The RICHMOND CITY tax on a $210,073 business would increase from $187.81 to $328.23, which is $140.42 per year.
- If the proposed budget is approved, RICHMOND CITY would increase its property tax budgeted revenue by 74.80% above last year's property tax budgeted revenue excluding new growth.
All concerned citizens are invited to a public hearing on the tax increase.
The public hearing will be held on Tuesday, August 14, 2018 at 7:30 PM at the Park Community Center located at 90 South 100 West, Richmond.
To obtain more information regarding the tax increase, citizens may contact RICHMOND CITY at 435-258-2092.