Ivor residents won’t pay higher taxes

Published 8:09 am Friday, June 4, 2010

IVOR—Residents will not be asked to pay higher taxes to support the proposed budget for 2010-2011, said Ivor Town Clerk Lorene Cook.

The proposed tax rate is 10 cents per $100 of assessed value for real estate, making the tax on a $100,000 home $100.

The tax rate for personal property is 60 cents per $100 of assessed value.

The $132,100 proposed spending plan is less than the $134,960 budgeted for 2009-2010, Cook said.

Employees will not receive pay raises and no town services will be cut or added.