Williamson County Commissioners Vote to Reduce Property Tax

On August 30^th, the Williamson County commissioners approved a general fund budget of $126.88 million.  Cutting more than $2.6M from the proposed fiscal year 2012, the result is a reduction in property taxes rate by, approximately, 0.002312 per $100 in assessed value.  Thus, making the adopted 2012 tax rate of 0.487687 per $100 in assessed value.  Commissioners are expecting assess values of property to increase, so the decrease in rate will most likely be offset by increasing assessed values.