Fiscal court plans another tax hike
by Eric Snyder -- esnyder@cadizrecord.com
Aug 24, 2005 | 0 0 comments | 1 1 recommendations | email to a friend | print
The Trigg County Fiscal Court made its first reading of increased county tax rates Tuesday, Aug. 16, and also modified county employee policy to allow co-workers to donate sick days to each other when in need.

As it has in years past, the Court opted for four percent increases, the most allowed by state law that doesn’t require a public vote.

Once adopted at the next meeting, Sept. 6, the Fiscal Court Compensation rate for real estate will increase .3 cents, to 7.9 cents for every $100 of assessed value. Real estate taxes ear-marked for the hospital, ambulances and the health department will be increased by .2 cents, to 7.5 cents.

Fiscal Court and health-related tax rates on personal property will become 10.25 and 11 cents per $100 of value, respectively.

Motor vehicle and watercraft tax rates will remain unchanged.

The new tax rates mean a house valued at $100,000 will pay $500 more in real estate taxes.

The new rates will generate more than $31,000 in additional revenue for the county and its health facilities.

For the rest of this story, please see this week's edition of The Cadiz Record.
Weather
Click for Cadiz, Kentucky Forecast
Sponsored By:
Beaus Blog Logo
Read Beau's Daily Analysis