May 16 2007
Asheville Could See Lower Taxes
City residents who saw their combined property taxes go up last year could get a break this year, albeit a small one.
The City Council has expressed interest in dropping the property tax rate from 42.38 cents to 42 cents per $100 of assessed value. By law, the council must make a final decision on the budget by June 30.
You have to cherish moments like these because there aren’t many of them.
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