Monticello City Council met last night (Monday) and heard the first reading of an ordinance that would mean slightly lower tax rates for city residents. The ordinance proposes that the tax rate for real property be set at 12.1 cents per hundred dollars of assessed value, down from 12.3 cents last year.
The tax rate for personal property would be 12.1 cents per hundred dollars assessed value, which is also down from 12.3 cents last year. The rate for motor vehicles and watercraft would remain at 22.5 cents per hundred dollars of assessed value.
Since this was only the first reading of the ordinance, no action was taken. The council will hold a special meeting on Monday, September 21 at 6 p.m. to take action on property tax rates.
The sewer extension project for American Woodmark has received an extension, according to a report from Mayor Tracie
Sexton. Sexton noted that the project has been delayed this year because of the pandemic and the city has been granted
an extension through July 2022.
Council member Lea Hammond updated council members regarding the Annual Lake Cumberland Cleanup, which is set for
Saturday, September 19 at Conley Bottom. Registration will begin at 8:30 a.m. and the cleanup is set for 9 a.m. until 12 noon. Volunteers
are urged to come out and participate. Groups of no more than 10 will work together to clean the lake’s shoreline.