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Franklin council ratifies FY24–25 real estate tax rate after public hearing
Summary
Council ratified the previously adopted FY24–25 real estate tax rate (maintained at $1.03 per $100 assessed value) after a public hearing where residents raised concerns about rising assessments and separate enterprise utility rates.
Franklin City Council ratified a resolution on Aug. 26 reaffirming the city's adopted FY24–25 real estate tax rate, which the council said remained $1.03 per $100 of assessed value.
Interim City Manager Bertram reminded the public that the council held a public hearing on May 13 when the budget and proposed tax rate were discussed and that an updated reassessment came in higher than earlier…
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