Three of 10 local taxing entities to raise rates

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By Shannon Brock

Three out of the county’s 10 taxing entities are raising at least a portion of their tax rates, while the remaining seven voted to leave their rates the same.
As reported earlier, the Spencer County School Board voted to raise both its real and personal property taxes from 60 cents per $100 of assessed value to 61.5 cents per $100 of assessed value. This includes .3 cents per $100 of assessed value as an exoneration fee to make up for delinquent taxes in prior years.

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The Spencer Magnet | circulation@spencermagnet.com | 502-477-2239
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