- Category: News
- Published on 09 August 2013
- Written by Mount Vernon Optic-Herald
- Hits: 2522
The rollback tax rate for Franklin County is $.462258, about .8 of a cent less than the 2012 tax rate, which was $.47. The good news for tax payers is that the total effective tax rate is $.425445, almost a nickle less than last year’s tax rate.
The effective rate is the amount set per $100 of taxable value on property that would generate the same amount of revenue as last year’s $.47 tax rate. See the Aug. 8 edition of the Mount Vernon Optic-Herald for more rate details.