Richwood City hall file photo

RICHWOOD — The city’s new property tax rate became official for the 2020-21 fiscal year as the city council gave its unanimous approval.

City property owners will pay 62.75 cents per every $100 of appraised property value after council’s action Monday night, a drop from the current 63.44-cent rate but well above the no-new-revenue level of 6049.

Wes Wolfe is a reporter for The Facts. Contact him at 979-237-0152.

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