WKYM-101.7 NEWS CENTER
Monticello City Council Meets
Tax rates for real and tangible property will decrease for city
residents this year. Monticello City Council met last night (Monday)
and approved the ordinance levying rates for 2014-2015.
The tax rate for real property has been set at 12.4 cents per
hundred dollars of assessed value. That decreases from 12.5 cents the
previous year.

The tax rate for tangible property was also set at 12.4 cents per
hundred dollars assessed value, down from 13.8 cents last year.
The rate for watercraft and motor vehicles will remain the same at
22.5 cents per hundred dollars of assessed value.
Also during the meeting, the council set trick-or-treat for October
31 from 5 until 8 p.m.

The council heard an update about the construction of the water
treatment plant and the wastewater treatment plant which are nearing
completion. A ribbon cutting has been set for October 2 at 10:30 a.m.
at the new water treatment plant. Plans will be announced later
regarding a ceremony at the wastewater treatment plant.

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