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Tax rate for city proposed

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By John Shindlebower

The City of Taylorsville met Monday to propose their property tax rates and voted on the option that would see a 4 percent increase in revenue, although the rate itself would be lowered from the current year.
City Clerk Steve Biven explained that increased property value assessments have          resulted in more revenue expected to be collected.
“If we kept the same rate we had last year, we’d be bringing more than the 4 percent we are allowed to have,” he told the commissioners.


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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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