City real and personal property tax rates to remain the same

At a special meeting last Tuesday, the Taylorsville City Commission voted 4-1 to leave its real property rate and personal property tax rates the same as last year.
This means the real property rate will stay at 14.8 cents per $100 of assessed value. For example, a person whose house is valued at $100,000 will pay $148 to the city.
The city’s personal property rate is proposed to remain at 19.76 cents per $100 of assessed value.
Mayor Don Pay made a motion to keep both rates the same as last year. That motion was seconded by Commissioner Ellen Redmon.

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The Spencer Magnet | circulation@spencermagnet.com | 502-477-2239
P.O. Box 219, 100 W Main Street, Taylorsville, KY 40071
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