City residents will see a lower tax rate this year.
Campbellsville City Council members gave final approval to tax rates for 2008-2009 during a special meeting Monday night.
The rate for real property will be .191 per $100 assessed value. Last year's rate was .192.
Personal property will be taxed at a rate of .181. Last year's rate was .185.
The rates are expected to produce $875,359.76 in revenue, an increase of $44,230.30 over last year.
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