Tyrone keeps property tax rate at 2.89 mills
The Tyrone Town Council Thursday night kept to its plan not to raise property taxes this year. The council approved the rate at 2.89 mills.
Decreased property tax revenues are being offset by 3 percent departmental reductions and the transfer of $136,000 from the reserve account.
The town for 2010 saw a net decrease in revenues that totaled 8.62 percent.