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City / County Tax Structure
City / County Tax Structure
Property Taxes
City
County
Rate Per $100 Value
$2.60
$2.8705
Outside City
N/A
$3.2629
Ratio per Assessment
City
County
Residential
25%
25%
Industrial
40%
40%
Personal (Equipment)
30%
30%
State Sales Tax: 7%
Local Sales Tax: 2.75%
No state taxes on wages
No inventory tax on finished goods or goods in process
No sales tax on qualified industrial machinery and distribution/warehouse equipment
An excise tax credit
A job tax credit
No tax on services
Property Tax
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