The Columbia City Council met for a special called meeting on Thursday afternoon and heard 1st reading of the tax ordinance setting the tax rate for 2017. The Council went with the compensating rate, .259 cents of $100 assessed value. The ordinance provides a 2% discount for taxes paid on or before November 1, 2017, and all taxes not paid on or before January 3, 2018, will be delinquent and subject to a 10% penalty.
Second & final reading of the tax ordinance will be held at a future meeting of the Columbia City Council.
