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State property tax rate set for 2010

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By The Staff

The Kentucky Department of Revenue has set the 2010 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.

This rate is based on the revenue generated from the increase in taxable real property assessments from 2009 to 2010.


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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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