Industrial trustees set tax rate for 2010 fiscal year
By ADVOCATE STAFF REPORT
Sept. 13, 2010 at 4:13 a.m.
Updated Sept. 14, 2010 at 4:14 a.m.
VANDERBILT - The Industrial school board set the district tax rate to $1.3725 on a $100 valuation for the 2010 tax year.
The tax assessor was authorized to begin assessing and collecting the tax as of Monday.
A portion of the tax, $1.04, is for maintenance and operations and the remaining amount of 33.25 cents will be used to pay for debt service.