Achieving Tax Relief: Adjusting the Mill Rate
You recently received your property tax bill, and as you look over the tax assessments, you notice a term you’re not familiar with: mill rate.
Tax Rates
Richardson City Council has already set a date for public hearing on the city’s proposed new tax rate
As the Richardson City Council goes forward with its budget cycle, a date for resident feedback on the city’s proposed new tax rate has been set. According to documents provided to the Richardson City Council, the proposed rate discussed during the meeting on August 7 is $0.56095 per $100 valuation, taking into account both the … Read more
Connecticut Lawmakers Advance Proposal to Lower State Tax Rates, But Some Say it’s Not Enough
Republican legislators, the minority party in the General Assembly, and some Democrats have expressed disappointment in the tax-cutting plan presented by leaders of the Finance Revenue and Bonding Committee Connecticut’s state lawmakers have advanced a Democratic proposal to lower state income tax rates, but the plan has not satisfied some legislators who say it is … Read more