Holiday Closings. Meetings are generally held in the Community Center and times are subject to change. Contact Town Hall to verify information. Many citizens have been worried about the Town of Sims increasing the local tax rate due to the increased property values and Wilson County tax rate.
The Sims Board of Commissioners voted to invoke a revenue-neutral tax rate for the fiscal year. The revenue-neutral property tax rate is the rate that is estimated to produce revenue for the next fiscal year equal to the revenue that would have been produced for the next fiscal year by the current tax rate if no reappraisal had occurred.
To calculate the revenue-neutral tax rate, the budget officer shall first determine a rate that would produce revenues equal to those produced for the current fiscal year, and then increase the rate by a growth factor equal to the average annual percentage increase in the tax base due to improvements since the last general reappraisal. This growth factor represents the expected percentage increase in the value of the tax base due to improvements during the next fiscal year.
The budget officer shall further adjust the rate to account for any annexation, de-annexation, merger or similar event. Decisions regarding the establishment, computation and implementation of the revenue neutral tax rate are made at the Governing Board level.
In an effort to further assist our residents, the Board of Commissioners also voted no to raising any utility rates in the new year. Violations of this ordinance shall be a misdemeanor or infraction and may result in severe penalties such as civil fines for each single offense. One form of government is the council-manager, where the mayor and council set policy and hire a manager to implement their policies.
