South Bethany Resolution 1-26 — FY 2027 Property Tax Rate and Rental Tax Rate — full text

This is an automated transcription (OCR) of the captured official document — minor recognition errors are possible; the source document governs. Snapshot b0ecb86a7e27 · verified 2026-06-05 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

## RESOLUTION NO. 1-26 ## A RESOLUTION TO SET THE FY 2027 PROPERTY TAX RATE AND RENTAL TAX RATE WHEREAS, the Town of South Bethany strives to maintain a responsible and prudent financial position for the Town and to maintain the same level of services to the residents; and WHEREAS, property taxes, rental taxes, and transfer taxes are among the primary revenue sources for the Town; and WHEREAS, it is essential to maintain the financial integrity of the Town. NOW, THEREFORE, LET IT BE RESOLVED, by the Mayor and Council of the Town of South Bethany that the FY 2027 Town of South Bethany property tax rate shall be set at $.051 per hundred dollars of assessed valuation as of March, 2026 and the FY 2027 Town of South Bethany rental tax rate shall remain at 8% of total gross receipts of each residential and commercial property. ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF SOUTH BETHANY ON THE 10th DAY OF APRIL 2026.          Edith Dondero, Mayor It Jery Clute Kefe Christine Keefe, Council Secretary Members of Town Council: Mall settle Randall Bartholomew SEAL:. 51111163 Sponsored by Councilman Bartholomew Resolution No. 1-26 FY 27 Tax Rate Robert Biciocchi Mah Is Mark Giler Robert Shields Heliu 22) Cindy Van Horn