Don’t blame the county on this one!
Tue, 10/18/2016 - 13:04
admin
Hamilton residents will see their property tax bills increase approximately 25% this December as a result of a pool improvement bond passed by voters in April of 2015. The $500,000 bond will cost the city approximately $50,000 per year in debt service for the payment plus interest and fees. The first payment on the new bond was made this year with work being completed on the pool in May. This increase will remain on Hamilton resident’s future property tax bills until 2025 when the debt will be paid off.