City looking into tax abatements for residents wanting to make improvements
Jacksboro City Council members are looking into allowing tax abatements for residents making home improvements.
As part of the Monday, July 12 meeting, City Manager Mike Smith said the proposed policy would allow a three-year tax abatement for improvements over $20,000. The assessed value of a property would be frozen for the first year for the first year, with a 15% increase in the initial assessed value the second year, and a 50% increase in the initial assessed value done in the third year.
When an applicant goes to City Hall to pick up a permit, officials will let the individual know about the abatement policy, Smith said.
The council also discussed ordinances designating the official addresses and locations for receiving public information requests. The email for those requests is firstname.lastname@example.org. Requests will then be forwarded to more than one person, so it will get into the right hands, Smith said.
For the full story, see the Wednesday, July 21, edition of the Jacksboro Herald-Gazette.