Elizabethton Residents Will Pay Higher Property Taxes After The City Council Approved A Nine-Cent Increase. The New Property Tax Rate Is Set At $1.74 Per 100 Dollars Of Assessed Value, Up From The Previous Rate Of $1.65. Mayor Bill Carter Says Four Cents Will Go To Schools, Four Cents To The Fire Department For Wages, And One Cent To Road Paving. A Resident Living In A Home Appraised At 200,000 Dollars Will Pay 45 Dollars More Per Year. Carter Says The Community Understands The Reason For The Increase.
