Connect with us

Hi, what are you looking for?

OMD NewsOMD News

Finance

Hanson City Commissioners Approve Maintaining Property Tax Rates for Current Year

Hanson City commissioners approved property tax rates to remain unchanged (Photo: The Street)

The Hanson City Commissioners have given their approval for the continuation of 2022 property tax rates in place for the present year.

Hanson City commissioners approved property tax rates to remain unchanged (Photo: Resus)

2022 Property Tax Rates to Remain Unchanged

The Messenger News reports that the Hanson City Commissioner voted last Tuesday to maintain the 2022 property tax rates in place for 2023.

It’s worth noting that the tax rates for different types of properties vary. To illustrate, the real property tax rates is 13 cents per $100, while tangible property tax rates is assessed at 2.4 cents per $100. For motor vehicle property tax rates, is set at 15.9 cents per $100.

READ ALSO: One Of The Major Insurance Providers In California Imposed New Rules To Limit Homeowners’ Business

Property Tax Rates Voted Not to Increase by Commissioners

As stated by Caser Pearson, the City Clerk of Hanson, there has been no increase in rates for vehicle and water taxes in recent years, and this trend is expected to continue throughout 2023. Pearson also emphasized that there is no need to raise property tax rates excessively or double them. These measures are not necessary to maintain the city’s financial stability and to provide essential services to its residents.

During their meetings, the commissioners made the decision to refrain from increasing property tax rates. Additionally, they granted approval for burn permits.

READ ALSO: Interest On Student Loan Resumes In September: Here’s What You Need To Know About Interest Accrual

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Finance

There is finally an update on 4th stimulus check for Social Security Recipients! Individuals who receive Social Security benefits can expect to receive a...

Military

The attack using 14 military choppers that Russian President Vladimir Putin planned was destroyed by Ukraine using US-supplied long-range tactical missiles. Russian President Vladimir...

Finance

The Biden administration has announced recently that it plans to increase the monthly payments of seniors and veterans to $2,000. $2,000 in Monthly Payments...

Finance

In Texas, this September the SNAP payments will end, worth up to $1,691, on Friday. The household income determines eligibility. A single-person household must earn more than...