2024-25 Budget & Tax Rate
- Details
- Published: Thursday, 16 May 2024 13:40
TOWN OF TRENTON NOTICE
2024-2025 Budget & Tax Rate
At the Town Council meeting on Tuesday, May 14, 2024, Council approved, accepted, and adopted the General Operating Budget of the Town of Trenton for the fiscal year from April 01, 2024, to March 31, 2025, in the amount of $5,551,670.00.
After careful consideration by Council, we have approved the Town’s tax rates to remain unchanged from the previous fiscal as follows:
- Residential & Resource property tax rate to stay at $2.04 per $100 of assessment
- Commercial property tax rate to stay at $4.10 per $100 of assessment
- Fire Protection rate to stay at $0.145 per $100 of assessment
- Solid Waste (garbage collection) annual user fee rate of $146.00 per dwelling unit
Dependent on property assessments, property owners should see no change in their final tax bills set to be issued in September 2024.
Each year, the Town of Trenton aims to build a budget that balances setting a reasonable tax rate and delivering quality services while planning for significant infrastructure needs. Council has faced many difficult decisions over the past four years and continues to be committed to making fiscally responsible decisions in the best interest of our community. We are confident Trenton is on track for a sustainable and vibrant future.
Respectfully,
Mayor Donald Hussher & Town Council
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