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The original item was published from 9/29/2021 10:50:19 AM to 10/16/2021 12:00:10 AM.

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City of Liberty News & Events

Posted on: September 29, 2021

[ARCHIVED] City Council approves lowest property tax levy since 1989

The City of Liberty City Council voted at its meeting on Sept. 27, 2021 to reduce the City’s property tax levy rate by 10.5 percent in order to offset increases in assessed property values.  The property tax levy rate for this year will be $0.7968 per $100 of assessed valuation, down substantially from the 2020 tax levy of $0.8908.  This is the lowest property tax levy rate that the City has had in over 30 years.

“When it comes to the City of Liberty’s property tax levy, the City Council has made a concerted effort to maintain a neutral impact on Liberty property owners over the past 13 years,” said Liberty Mayor Lyndell Brenton. “Since the financial crisis of 2008-2009 through the last two years of the COVID-19 pandemic, we have been mindful of the challenges facing our citizens and very intentional in holding the line on real estate property taxes collected by the city."

The City Council could have set a higher property tax levy rate per state statutes, but opted to maintain their commitment to keeping stable the City’s portion of property tax bills paid by Liberty property owners.

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