City of Fairview property tax rate increased from 63.5 cents to $1.00 per $100 of assessed value for the 2015 tax year. The Board of Commissioners voted in the tax rate in June 2015 as part of the budget approval process for the 2015-2016 fiscal year. An increase in the tax rate was discussed from the beginning of this year’s budget process. Citizens have the opportunity and are encouraged to share their opinions on both the tax rate and entire budget at a public hearing held prior to the second reading of the budget and tax rate ordinances at Fairview City Hall. The secon hearing will take place Thursday, November 5th. Citizens may also contact any member of the Board of Commissioners to share their concerns and opinions.
This rate increase is the first since 2005 and that was a 12 cent increase for one year only. Prior to the 2005 increase the last increase was in 1994. In fact, the tax rate has been lowered a total of four times since 1994. This year’s rate increase was necessary to maintain the current level of services such as emergency response and street maintenance as well as prepare for additional infrastructure as the city grows.
The city tax collector will accept partial payments on your tax bill as we realize this increase may make it difficult for some of our citizens. However, if you elect to make partial payments toward your balance please, City of Fairview officials say that it is your responsibility to keep up with your remaining balance and if the tax is not paid in full by the due date of February 29, 2016 you will still be responsible for any delinquency fees and interest on the outstanding amount.