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Boone County cuts property tax rates as property values rise
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Boone County cuts property tax rates as property values rise
What you need to know Boone County lowered its real property tax rate from 8.5 to 8.2 cents per $100 of assessed value. Total property assessments increased 6.58% to approximately $25.8 billion, including nearly $350 million in new property. The county expects the lower rates to generate about $17.5 million from real and tangible personal property, slightly above its budget projection. Boone County voted to cut property tax rates amid rising pr…
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