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Shelbyville City Council approved the first reading of an ordinance Thursday night levying ad valorem property tax rates for the calendar year of 2009.
The tax rate proposed this year is 27.5 cents per $100 assessed real property, which is the same as it has been the last two years.
The tax is expected to produce $1,972,111 in revenue – nearly $60,000 more than last year.
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