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Tax Rates

Approval of Proposed 2023 Tax Rate

2023 Proposed Tax Rate

5- Year Tax Rate Summary

2023 Notice of Public Hearings on Tax Rates

2022 Notice of Public Hearings on Tax Rates

2021 Notice of Public Hearings on Tax Rates 

Approval of Proposed 2020 Tax Rate

2020 Notice of Tax Rates

5-Year Tax Rate Summary

2019 Proposed Tax Rate 

2018 Proposed Tax Rate

2017 Tax Year Proposed Property Tax Rate for Franklin County

2016 Tax Year Proposed Property Tax Rate for Franklin County

 



The county is providing this table of property tax rate information as a service to the residents of the county.  Each individual taxing unit is responsible for calculating the property tax rates listed in this table pertaining to that taxing unit and providing that information to the county.


The Adopted Tax Rate is the tax rate adopted by the governing body of a taxing unit.

The Maintenance and Operations Rate is the component of the adopted tax rate of a taxing unit that will impose the amount of taxes needed to fund maintenance and operation expenditures of the taxing unit for the following year.

The Debt Rate is the component of the adopted tax rate of a taxing unit that will impose the amount of taxes needed to fund the taxing unit's debt service for the following year.

The No-New-Revenue Tax Rate is the tax rate that would generate the same amount of revenue in the current tax year as was generated by a taxing unit's adopted tax rate in the preceding tax year from property that is taxable in both the current tax year and the preceding tax year.
 
The No-New-Revenue Maintenance and Operations Rate is the tax rate that would generate the same amount of revenue for maintenance and operations in the current tax year as was generated by a taxing unit's maintenance and operations rate in the preceding tax year from property that is taxable in both the current tax year and the preceding tax year.

 
The Voter-Approval Tax Rate is the highest tax rate a taxing unit may adopt before requiring voter approval at an election. An election will automatically be held if a taxing unit wishes to adopt a tax rate in excess of the taxing unit's voter-approval rate.