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Caribou council adopts 2025 tax rate of 22 mills and sets delinquency interest date
Summary
Following the school budget vote, the council adopted Resolution No. 3 (2025) setting the municipal tax rate at 22 mills, adjusted assessed residential values upward about 5% for certification, and set delinquent interest to begin Dec. 16, 2025.
The Caribou City Council on Sept. 15 adopted Resolution No. 3 (2025) establishing the 2025 property tax rate at 22 mills, reflecting recent assessed-value adjustments and incorporating local budget decisions and county and school commitments.
Finance Director Carl Grant and City Manager Penny Thompson reviewed valuation changes and revenue lines. The assessor adjusted residential land and building values by 5% to certify at 100% with…
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