In a meeting held Thursday, September 6th, the Jacksboro City Council met to vote on an ordinance adopting the budget for FY 2012-2013 and to approve a tax levy ordinance. This vote comes after the city held two public hearings on the tax levy and a public hearing on the proposed budget. The approval of the levy ordinance will increase the property tax rate for property owners in Jacksboro to $1.18 per $100 valuation, which is an 11.02 percent increase over the current rate of $1.012 per $100 valuation. The additional revenue received from this increase will be used for city maintenance projects and the acquisition of machinery and equipment. For additional details please call (940) 567-6321.