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BUSINESS | TAXES & INCENTIVES
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Local Taxes
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| County: HENDERSON |
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Property Tax
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CITY
|
COUNTY
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| Rate per $100 Value |
$0.86
|
$2.29
|
|
Ratio Of Assessment
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|
CITY
|
COUNTY
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| Residential |
25%
|
25%
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| Industrial |
40%
|
40%
|
| Personal (Equipment) |
30%
|
30%
|
|
Inventory Tax (Raw Materials Only)
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CITY
|
COUNTY
|
| Bonded Debt |
$5,000,000
|
$25,000,000
|
| Assessed Valuation |
$64,621,370
|
$261,000,000
|
| School Tax |
$0.00
|
$0.00
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| Sales Tax |
0.00%
|
2.75%
|
| Hotel-Motel Tax |
0.00%
|
0.00%
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|
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State Taxes
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| Standard |
7%
|
| Food & Food Ingredients (Human Consumption) |
6%
|
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Income Tax
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| Personal |
6% on Interest & Dividends
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| Excise |
6.5% of Net Earnings
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Franchise
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| Rate Per $100 of Capital Properties |
$0.25
|
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Unemployment Tax
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| New Employers |
2.7% of first $7,000
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