Tax Ordinance Details Presented in Kentucky
1 report, 1 independent
Updated Wed 00:00
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What happened
Ben Talley introduced a tax ordinance in Kentucky during a special-called meeting of the Dawson Springs City Council. The ordinance proposed a real property tax rate of 44.6 cents per $100 valuation for the 2026 tax year. This rate was a 4% increase and was expected to generate no more than 4% additional revenue from real property subject to taxation in the preceding year, excluding new property.
From the-messenger.com
Why it matters
The council opted to proceed with the 4% tax rate, which required a public hearing due to Kentucky state law. The proposed rate was expected to generate $347,690 from real property revenue, with expected revenue from new property at $17,939.76.
From the-messenger.com
Who's involved
- KentuckyState where the tax ordinance was introduced
- Ben TalleyIndividual who presented the tax ordinance