Newport is proposing a 45 cent or 17% real property tax decrease from last year, but due to increased property valuations, the city is expected to bring in more money and taxpayers may still see a higher tax bill.
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Newport Board of Education considers decreasing property tax rates; plans to fund projects, pay off debt
Written by Marlena Lang, WCPO The Newport Board of Education is considering a proposal that would decrease property tax rates for many residents. Newport school district’s current property tax rate is $9.64 per $1000 of assessed property value. This year, they are proposing to decrease rates again, between 79.8 and 88.4. However, this doesn’t mean […]