STANFORD - The Lincoln County Fiscal Court magistrates voted unanimously in a special meeting this week against a 4 percent real estate tax increase and accepted a bid for the county courthouse roofing project.
The current tax rate of $.094 per $100 of assessed value will not be increase this year to the optional $.097, according to county treasurer Teresa Padgett.
"With our occupational tax fund, and others, Lincoln County has plenty of money to work with, and we didn't feel like we should burden the people," said Magistrate Mark Denham.
The increased rate would have drawn an extra $3 in revenue on a $100,000 home. The Fiscal Court will have the opportunity next year to discuss and vote on a future 4 percent raise in taxes.