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At the special meeting held by the Nolan County Commissioners on Thursday morning, August 12, at the Nolan County Courthouse, discussion was held on the tax rate for 2012-2013.
The proposed total tax rate comes in at .394635 (39 cents) per $100 valuation. This number is the combination of the general fund rate of .340670 per $100 valuation and the farm to market fund rate of .053965 per $100 valuation.
This new total rate was noted as a three cent decrease from the current rate of .423023 (per $100 valuation). In addition, the proposed rate does not exceed the rollback rate--a trend which hasn't occurred for several years.
A record vote was then taken of the three commissioners in attendance--in which they were in unanimous approval, and the motion to accept the proposed tax rate was approved.
The commissioners also approved scheduling a public hearing on the tax rate for their next regularly scheduled meeting on Monday, August 27 at 9 a.m. at the Nolan County Courthouse.