The City of Fulton property tax levy rate will not change for 2023 at $0.5271 per $100 of assessed valuation. City Council members approved the rate after a public hearing on August 22.
Assessed Valuation findings as provided by the Callaway County Clerk, are as follows:
| CATEGORY | CURRENT YEAR | PRIOR YEAR |
| Real Estate (Residential) | $77,933,479 | $74,774,501 |
| Real Estate (Agricultural) | $139,772 | $131,039 |
| Real Estate (Commercial) | $42,283,137 | $41,950,213 |
| Railroad & Utility (Local Assessed) | $130,935 | $135,144 |
| Railroad & Utility (State Assessed) | $528,611 | $517,591 |
| TOTAL REAL ESTATE | $121,015,934 | $117,508,488 |
| County | $36,061,407 | $35,849,967 |
| Railroad & Utility (Local Assessed) | $11,235 | $11,190 |
| Railroad & Utility (State Assessed) | $306,784 | $335,365 |
| TOTAL PERSONAL PROPERTY | $36,379,426 | $36,196,522 |
| TIF #3 | $-4,676,215 | $-4,386,099 |
| TOTAL CURRENT VALUATION | $152,719,145 | $149,318,911 |