New Fairview does NOT HAVE CITY PROPERTY TAXES.
The City operates from City Sales Tax. Therefore, New Fairview strongly encourages and welcomes quality businesses to locate within the City. Quality businesses provide sales tax and jobs for our citizens.
New Fairview has NO City Property Taxes. State law places a ceiling on property taxes for Type B municipalities at $0.25. Therefore, if property taxes are ever needed in the future, the tax rate will still be much lower than that of neighboring cities.
|City||Tax Rate per Hundred||Home Valued at $100,000||Home Valued at $200,000|
|New Fairview Ceiling||.25000||$250.00||$500.00|