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Aldermen to discuss new tax classification

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The Board of Aldermen’s appropriations committee on Tuesday will hold a public hearing to adopt a new tax classification for the current fiscal year. The residential property tax rate now is $13.03 and the commercial/industrial rate is $19.90, both per $1,000 valuation of a property. The hearing will be held at 7:30 p.m. in the aldermen’s chamber at City Hall.

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