A tax abatement request for Selected Furniture was considered during Tuesday night’s Knox City Council meeting. Mayor Dennis Estok presented the request to the council members and noted a few details about the company.
He shared that as of a few weeks ago, Selected Furniture still needed to pay about $37,458 in real property taxes and $21,062.85 in personal property taxes for a total of approximately $58,521 owed in back taxes.
Due to the significant amount of money that the company owes, Mayor Estok recommended not approving the tax abatement. Council President Ron Parker made a motion to deny the request. His motion was supported unanimously by the remaining council members.
