POSTED: Wednesday, August 29, 2012 - 7:00am
UPDATED: Wednesday, August 29, 2012 - 7:14am
Rate will rise from 16.5 cents to 17 cents per $100 valuation
Lufkin — The Lufkin Daily News is reporting; Lufkin taxpayers will see a slight increase in taxes after the school board's Tuesday meeting.
The board approved a half-cent increase in its property tax rate. The debt service portion of the tax rate will rise from 16.5 cents to 17 cents per $100 of assessed property valuation, and the maintenance and operations portion of the tax rate will be left at $1.04.
To read more on this story, head to The Lufkin Daily News website: http://lufkindailynews.com/news/local/article_f451d0fa-f191-11e1-a4ae-0019bb2963f4.html