| tax rate | Residential: 5.0 mils (assessed value >$60,000); base rate $300 + 0.0001 mils (≤$60,000). Commercial: 7.42 mils (>$60,000); base rate $300 + 0.0001 mils (≤$60,000). Vacant Land: 5.0 mils (>$60,000); base rate $300 + 0.0001 mils (≤$60,000). Business Groups 1–2, 9, 12, 14: 12 mils; Group 3, 6: 11 mils; Groups 10–11: 16 mils; Group 13: 4 mils; Group 16: 8 mils; Group 4: 2% of gross revenue; Group 5: 4% of assessed value; Groups 7–8: 2.5% of gross revenue; Group 15: $200 base + 0.0001 mils minimum. | "Residential Property Assessed Value Greater than $60,000.00" |
| due dates | March 31st, 2026 | "Due Date for Town Taxes is March 31st, 2026" |
| penalty interest | 1% per month compound | "Interest Rate (Overdue Accounts)"; "1% per month compound" |
scout note
Sets 2026 property tax mill rates for Kippens: residential 5.0 mils, commercial 7.42 mils, vacant land 5.0 mils; base rate of $300 for assessed values under $60,000. Adopted by council for fiscal year 2026.