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Long-term debt could stop effort to dissolve Taylorsville

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Citizen gathers signatures required to put issue on the ballot, but could be thwarted because city owes $8 million

By Shannon Brock

A Spencer County citizen approached the Taylorsville City Commission at its meeting last week, saying he has the signatures needed to put the question of dissolving the city on the ballot.
However, a few words in the statute that sets forth the procedure of dissolving a city leave a question mark as to whether Taylorsville is a city that can be dissolved.
According to Kentucky Revised Statute 81.094(2), “A city, except for a city which has long-term debt, or any debt in excess of the assets of the city, shall be dissolved by the following procedure...”


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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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