Jamestown Mayor Nick Shearer was excited to announce to the city council Thursday evening that the council will vote on a proposed tax decrease month.
Shearer said this is the first time in six years that the city will lower taxes for city residents, pending council approval.
“I am proud to say for the first time in six years, we are lowering taxes in the City of Jamestown,” Shearer told the council during the monthly meeting Thursday. “I commend each and every one of you all for your hard work these past six years. It’s something to be proud of and each of you should be commended for it. Thank you for your hard work and your dedication.”
The new tax rates are as follows: 17.9 cents per $100 assessed of real property and 17.9 cents per $100 assessed of personal property.
Shearer told WJRS News that in years past, the city has always kept the same tax rate, but this year, the city is in a situation where taxes can be lowered.
Thursday night was the first reading of the ordinance, so a second reading and vote will be held at the council’s meeting next month.
