Page 90 - City of Bedford FY21 Budget
P. 90
CITY OF BEDFORD
OVERLAPPING
TAX RATES
FY 2020 – 2021
Jr. College City General
$0.130170 Fund
Hospital 5.5% $0.384633
16.3%
$0.224429
9.5% City Debt
County Service
$0.234000 $0.184367
9.9% 7.8%
School
$1.198000
50.9%
This information is utilized to determine the total tax liability of the
average homeowner in the City of Bedford. The FY 2020-2021 tax
rates are shown.
The total overlapping tax bill for our citizens is $2.355599 for the
2020 tax year, with the City’s share 24.2% of the total.
The average residential taxable assessed valuation is estimated at
$227,410. Based on the average value, the total overlapping tax
liability for FY 2020-2021 is $5,357.
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