The City of Ashland has provided tax payers a bit of a breather when it comes to property taxes.

At their Tuesday, Aug. 16 Board of Aldermen meeting, the aldermen agreed to lower the city’s property tax, based upon numbers provided by the county assessor.

The city portion of residents’ property tax bill will be cut from .2641 per hundred dollars of assessed valuation to .2480 per hundred dollars of assessed valuation for property within the city limits.

As explained by Mayor Gene Rhorer, this is an annual computation by the county.

“The city will still receive the same amount of money,” Rhorer said, “as the county figures out the tax bill. The rate home owners and businesses – all property tax will pay to the City will be lowered because there is more people paying in.”