Oronogo Board keeps property tax rate as it is
The Oronogo Board of Aldermen on Monday approved an ordinance that leaves the total property tax levy the same, $0.3835 per $100 assessed valuation.
Total assessed valuation has increased $3,533,650 to $29,457,050 during the past year. Of the increase, $1,334,300 was from new construction.
The general tax levy of $0.2596 is expected to generate $85,000 in revenue. Another $27,500 in revenue is expected from the $0.1239 tax levy for streets.
In other action, the board:
• Decided not to return at this time any of the $1.5 million lease-purchase loan proceeds, even though it’s apparent all of it won’t be needed to complete the sewer improvement project. Proceeds from a $2 million bond issue are also financing the project, which is expected to get underway next month.
• Approved a five-year contract ordinance for Omnigo Software to provide computer services for the police department. The city is to pay $6,070 the first year. The total cost over five years is $33,540. Mayor Charles Wilkins pointed out the city is saving $40,000 in planned annual increases by contracting for five years.
• Approved a contract ordinance with Certified Payments that City Clerk Cyndi Jennings said would save money for customers paying with credit card. The service being replaced charges $4 per transaction. Under the new contract, there will be a 2.5% charge for each transaction.
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com (opens in a new window)