FERRIS – The City of Ferris staff met with city leaders earlier this week to discuss lowering the tax burden for residents in the city.
According to Ferris City Manager Brooks Williams by applying $642,000 from the negotiated operational savings towards the city’s fiscal year 2024 debt payment, the city will be able to lower the I&S (Interest & Sinking) tax burden by almost $0.24 per $100.00 value.…
