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Vinton City mayor: levy rate unchanged despite higher property valuations
Summary
At a Vinton City public hearing on the proposed FY26 property tax levy, officials said the city planned to keep its levy rate the same as last year while residents questioned a county mailing showing a 14% change and asked why valuations rose.
Vinton City opened a public hearing on the proposed FY26 property tax levy and said the city is not seeking an increase to its levy rate even as property valuations have climbed.
The mayor said the city is “asking the same$15” rate and that “the rate stayed the same as last year,” but added higher property valuations mean the city will collect more in property tax revenue this year. Residents at the meeting repeatedly pressed for clarity about a county mailing that listed a 14% percent change and questioned why the county assessor was not present to explain valuation increases.
Why it matters: Even when a municipal levy rate is unchanged, rising property valuations can increase…
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