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City cash balance reaches $6.7M
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McMinnville’s property tax rate is likely to remain $2.0804 for fiscal year 2017-18.The city’s Finance Committee is unanimously recommending to the Board of Mayor and Aldermen that the tax rate remain unchanged from last year. “We need a motion on the tax rate,” said Alderman Everett Brock, during Monday’s Finance Committee meeting. “Staff is recommending that it remain unchanged.