Tuesday, June 16, 2009

Ruston's Property Tax Revenues

Ruston's town clerk has verified the amount of tax revenue the town received from property taxes each year. I had asked for more details after my research posted a couple of days ago.

Here are totals:
  • 2006: $154,857
  • 2007: $165,560
  • 2008: $168,991
  • 2009: $200,000 anticipated
That's not much out of the $1.35 million dollar budget for 2009. More food for thought.

Karen
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1 comment:

Anonymous said...

15% of the towns revenue comes from property tax. That number is sure to rise with all the new construction on stack hill and the water front. My guess would be 30-35% just from home owners. I don't think we want a town funded entirely with property taxes. That's why it is so important to have forward thinking people on the council.
Encourage the right kind of growth and have a mixed source of taxes and fees.
It will not be hard to sustain
this town. Just do the next right thing.


No to annexation.

June 17, 2009 at 7:30 PM

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