City approves tax rate, budget for 2021-22
By Melissa McCaghren
The City of Slaton Commissioners approved the tax rate for 2021-22 Monday evening (Sept. 13) during its monthly meeting at City Hall.
A public hearing was conducted first prior to the approval in case a citizen had a question or wanted to comment on the rate.
Mayor Clif Shaw opened the hearing at 6:47 p.m., and when no one came forward to speak, it was closed at 6:48 p.m.
The tax rate is now set for 0.589650 cents per $100 valuation.
Interim City Administrator Mike Lamberson said this was broken down to 0.181024 cents for Interest and Sinking, which pays down on debt service, 0.05 cents for the cemetery and 0.358626 cents the general fund.
He said the breakdown is around $1.4 million in revenue with interest and sinking and the general fund.
For more information, please read the Thursday edition of The Slatonite.