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November 28, 2014

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Henderson City Council to consider raising property tax rate

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Steve Marcus

A graph of property tax revenue is shown as Henderson Mayor Andy Hafen delivers the State of the City address at Green Valley Ranch Wednesday, Feb. 5, 2014.

The Henderson City Council could decide tonight whether to seek an increase in property taxes to help maintain the city’s aging infrastructure.

The proposal would increase the city’s property tax rate by 20-cents per $100 in assessed value, from 71 cents to 91 cents.

The 20-cent increase — an extra $122.50 per year on a home valued at $175,000 — would still leave Henderson’s rate lower than Las Vegas and North Las Vegas.

It would generate about $16.5 million in annual revenue, which the city would put towards repairing roads, maintaining sewers and other capital infrastructure needs.

If the council approves tonight, the measure would still need voter approval, likely in the 2015 or 2016 elections.

The council meeting will be held starting at 6 p.m. at Henderson City Hall, 200 Water St.

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