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Page 296 CITY OF CARUTHERSVILLE August 20, 2018 Be it remembered the Council of the City of Caruthersville met in regular session Monday August 20, 2018 at 5:00 p.m. in the Council room of the Municipal

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What is public hearing tax rate?

The public hearing tax rate refers to the rate established by a local governmental body that requires public notification and a hearing before final approval. It often pertains to property tax assessments.

Who is required to file public hearing tax rate?

Local governments, such as cities and counties, are required to file a public hearing tax rate if they intend to impose or change a property tax rate that exceeds a certain threshold.

How to fill out public hearing tax rate?

The public hearing tax rate form typically requires details such as the current tax rate, proposed rate, property valuation estimates, and justification for the change. Local governments must provide accurate and complete information.

What is the purpose of public hearing tax rate?

The purpose of the public hearing tax rate is to ensure transparency and allow the community to voice their opinions regarding property tax changes, promoting accountability in local government.

What information must be reported on public hearing tax rate?

Information that must be reported includes the current tax rate, proposed tax rate, the estimated tax revenue generated, the types of projects or services funded, and the rationale behind any changes.

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