Lowered Tax Rate Approved
The Chillicothe City Council approved a tax rate of .8779 per $100 Valuation as part of their meeting. City Auditor Hanna Fletcher says the rate is based on Assessed valuation of real estate and personal property. Fletcher says those numbers went up in the past year.
As a result, the tax rate for the city went down.
The rates are recommended by the State Auditor’s office and the city follows that recommendation. The council approved the rates on a vote of 5/0.