Property tax levy resolution passes

Petersburg City Council passed Resolution 2010 to establish the rate of levy of property tax for the 2012 and 2013 fiscal year.

The assessed taxable value of real property for the City of Petersburg for municipal purposes for calendar year 2012 is $258,764,945.

The tax levy for general operations of the city is $1,190,319 which is determined at a 4.6 mill rate; the tax levy for general operations of the school is $1,141,153 which is determined at a 4.41 mill rate.

Tax levies for General Obligation Bonds for constructing and equipping a new community aquatic center is $199,249 determined at a ....