The Russell County Fiscal Court approved tax rates for the Russell County Extension Board and the Library Board during Monday night’s meeting.
Extension agent Jonathan Oakes presented tax rates of 3.8 for real property, 5.76 for tangible and inventory, and 2.39 for motor vehicle. This was the compensating rate that will produce the same amount of revenue for the extension office as last year.
Library Director Lindsey Westerfield presented tax rates lower than last year, with real property going from 6.2 to 5.9, personal property going from 7.86 to 6.83 and motor vehicle remained at 2.47.
These tax rates were voted on and approved by the board of each district. Rates are presented as cents per $100 assessed value.