Red Bank faces roughly $762,000 shortfall after assessor office miscalculation of certified tax rate City officials learned at a special called meeting that a Hamilton County assessor office data-entry error led to an incorrect certified tax rate (0.8968) being issued for Red Bank; the corrected revenue-neutral rate should have been $1.0775, producing a shortfall the city estimates at about $762,286 after planned budget increases.

A human error in the Hamilton County Assessor's office has left Red Bank facing a staggering $762,000 budget shortfall due to an incorrect certified tax rate.

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Red Bank commissioners flag certified tax-rate error, call for tighter cross-checks Commissioners discussed an incorrect certified tax rate and said the city, county assessor and state board of equalization will increase checks; no formal action taken.

Red Bank's commissioners are calling for tighter cross-checks after discovering a troubling error in the certified tax rate that could impact the city's budget.

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City government emphasizes need for tax discussion amid rising budget costs City officials highlight urgent tax discussion due to increasing inflation and contract expenses.

Red Bank's city officials are sounding the alarm on rising costs and the urgent need for a tax overhaul to sustain vital services.

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