3. Central County includes five townships (Nixon, Reagan, Davis, Greasy Creek, and Navaho) and one city (Booneville). It is served by two independent school districts: Seagram United Schools (Davis and Greasy Creek Townships) and Clinton Consolidated Schools (Nixon, Reagan, and Navaho Townships). Each government in the county levies a property tax to finance its activities, although Booneville has also enacted a local earned income tax (it is expected to yield $750,000 in the next year). Property tax rates are applied to assessed value, defined to equal 50 percent of fair cash value. Local unit tax rates fully overlap. The county assessor reports the following fair cash values for units within the county