Taxes
Existing Real Estate Property Tax
The Town real property tax rate is 12 cents per $100 of assessed value. This is in addition to Franklin County taxes. The Town sends separate bills, although the Town works in partnership with the County Commissioner of the Revenue on property assessments.
Existing Personal Property Tax
The Town personal property tax rate is 40 cents per $100 of assessed value. This is in addition to Franklin County taxes.
New Tax Rates Effective July 1, 2026
Town Council adopted the following tax levies on April 14, 2026:
- Real Estate Tax:
$0.15 per $100 of assessed value
(Includes an annual increase of $0.005, or one‑half cent per year, continuing through 2030)
- Tangible Personal Property Tax:
$0.40 per $100 of assessed value
- Personal Property Tax Relief:
25 percent
A public hearing on this matter was held on Tuesday, April 14, 2026, at 6 pm at Town Hall. Click here for a copy of the public notice, which was advertised on March 28, 2026, and April 4, 2026, in Cardinal News.