Starke Council Takes Step to Set Tax Rates

 

The Starke County Council will vote to reestablish a couple of tax rates when they meet in a few weeks. The cumulative bridge and cumulative capital development funds have both dropped off and need to have rates set again.

The proposed cumulative bridge fund rate is .027 cents per $100 of assessed valuation. Proceeds are earmarked for the replacement of bridges on county roads.

 

The proposed cumulative capital development fund rate is .03 cents per $100 of assessed valuation. Money in the cume cap fune is used for non-budget, big-ticket items like new vehicles, equipment and unanticipated building repairs and maintenance.

 

The council conducted the required public hearing on the proposed rates at their meeting last week. Members will vote to set the rates for taxes payable in 2018 when they meet on March 13.