COLLEGE PLACE -- Following a brief public hearing, the City Council approved a 1 percent increase in the city's property tax rate Monday.
The increase will add $7.25 to the annual property tax bill for the owner of a $100,000 home - at a rate of about $2.63 per $1,000 of assessed valuation -- according to City Administrator Pat Reay. The 2011 rate, which includes property tax and voter-approved bond levies, was about $2.55 per $100,000 assessed valuation.
The increase will bring an additional $11,368 per year into the city coffers, according to a calculations presented to the Council. The total property tax collection for 2012, which includes both the general property tax and long-term debt, is projected to be $1,410,406.
A public hearing on the tax levy drew no speakers. The resolution on the levy increase passed unanimously with Council members William Jenkins, Alexander Scott, Marge Nyhagen, Bernie Yanke and Scott Duncan voting "yes." Larry Dickerson and Steve Dickerson were absent.
In other matters, the Council heard a presentation on the city's projected 2012 budget, approved a pay hike for the city's municipal judge and authorized staff to publish a request for proposals for professional services for the College Avenue-Rose Street reconstruction project.
Both the resolution to increase the judge's monthly salary from $1,175 to $1,535 and the authorization to advertise for services passed unanimously.
Andy Porter can be reached at email@example.com or 526-8318.