Page 35 - PowerPoint Presentation
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PROPERTY TAX REDUCTION
The residents of Westlake voted to abolish the ½% additional sales and use tax for economic and industrial
development, Section 4A, and to implement the ½% local sales and use tax to be used to reduce the
property tax rate effective October 1, 2006. Prior year’s sales tax revenues are used in calculating the
current tax rates based on the State Comptroller’s Truth and Taxation process. Calculations of Westlake’s
tax rate take these revenues into consideration every year.
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