The City of Mount Vernon proposed the same ad valorem tax rate for the sixth consecutive year at its Monday night meeting as its proposed a $4.7 million 2019 budget, that dips into reserves about $700,000.
The tax rate proposed is $.60438 per $100 of value, which is estimated to bring in $658,141 in tax revenues. For more details about the City’s budget, see the Aug. 16 edition of the Mount Vernon Optic-Herald.