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Smithfield Town Manager’s Proposed Budget Recommends 47-Cent Property Tax Rate: Above “Revenue Neutral”

Summary by jocoreport.com
By The Smithfield Weekly Sun SMITHFIELD – Town Manager Mike Scott released his proposed 2025-26 budget Wednesday afternoon, sticking with a recommendation he shared with the Town Council last week for a property-tax rate of 47 cents per $100, even though Smithfield’s “revenue neutral” rate after this year’s real-estate revaluation works out to 42 cents […]
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jocoreport.com broke the news in on Friday, May 23, 2025.
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