City officials crafting booklet on proposed property tax
Published: July 16,2012
CORINTH — The city of Corinth is working on a booklet to show how a proposed property tax increase would affect the tax bill for homes, businesses and motor vehicles.
The Daily Corinthian reports the booklet will be distributed at the July 31 public presentation on special tax levy, dubbed Future Fare, at Corinth High School.
Mayor Tommy Irwin has said residents “will know as much as I do” about Future Fare after the presentation.
A special election is scheduled for Aug. 21. The proposed five-year, 12-mill property tax increase would pay for street paving and other infrastructure improvements.
Officials say the booklet will provide a breakdown of the city’s major revenue sources, a listing of Future Fare program priorities and a detailed street-paving list.
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