State Property Tax Rate Set at 12.2 Cents for 2009
June 29, 2009 Posted by Kentucky RealEstateRama
FRANKFORT, KY - June 29, 2009 - (RealEstateRama) — The Kentucky Department of Revenue has set the 2009 State Real Property Tax Rate at 12.2 cents per $100 of assessed value. Kentucky Revised Statute 132.020 requires the Department of Revenue to set the real property rate no later than July 1 of each year.
Covington approves tax increase
August 22, 2007 Posted by Kentucky RealEstateRama
The Covington City Commission decided Tuesday it was better to approve a property tax increase than cut services.
Proponents of the hike, which passed 4-1, said it was needed to help offset rising city expenses, particularly pension costs, which are going up by $931,000 this year, and health care.
Property-tax rate will drop a little
August 16, 2007 Posted by Kentucky RealEstateRama
Property-tax rates in Louisville are going down, but only because property values are going up.
The Louisville Metro Council’s Budget Committee unanimously approved new tax rates yesterday for real estate this fiscal year.
