Board sets FY 2018 budget for Graham Hospital District
The Graham Hospital District board of directors approved its fiscal year 2018 budget and tax rate for Graham Regional Medical Center, keeping the same property tax rate as last year, but cutting expenses.
Graham property owners will continue to be taxed at the previous rate of $0.388478 per $100 in valuation.
At its Sept. 29 meeting, the board adopted the new effective tax rate of $0.388478 per $100 of property value. That amount is an increase of $0.020478 from the 2015 fiscal rate of $0.368 per $100 in valuation, but is unchanged from last year’s rate. That will bring in $3,174,301 in the coming year, compared to $3,250,406 last year.
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