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City rejects proposal for lower taxes
Plan called for 10-cent property tax decrease
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McMinnville officials rejected a proposed 10-cent property tax decrease Tuesday night. If the measure remains unchanged, the tax rate for the upcoming fiscal year will be set at the current rate of $2.09. Board members had two proposed budgets presented to them, one leaving the tax rate at $2.09 and resulting in an ending fund balance of $3.1 million in June 2015, and one with a proposed tax rate decrease of 10 cents resulting in an ending fund balance of $2.9 million.“I make a motion we go with $2.09,” said Alderman Rick Barnes.