Special Districts Set Tax Rates
Image: stevepb, pixabay.com.
Robert Moore
Herald Staff
The Mercer County Fiscal Court approved the tax rates set by the county’s special taxing districts during a special-called meeting last Friday.
The fiscal court set the county property tax rate at 12.5 cents per $100 in assessed value last week. Even though that is the compensating rate—calculated by the state to generate the same revenue as last year—it is a one-tenth of a cent increase over last year. The magistrates also approved the personal property tax rate of 17.11 cents per $100, which is also the compensating rate.
On Monday, the Harrodsburg City Commission voted to set the tax rate at 6.65 cents per $100 in assessed value. The city will hold a tax hearing on Thursday, Oct. 1, at 5:30 p.m., followed by a special-called meeting at 6:30 p.m. at Harrodsburg City Hall (208 South Main Street).
The Burgin Independent Board of Education will hold a public hearing on Wednesday, Sept. 30, at 7 p.m. to hear public comments regarding a proposed general fund tax levy of 79.5 cents on real property and personal property.
Here is a list of tax rates set by the county, Harrodsburg, Burgin and the special taxing districts for the new fiscal year. They are presented as cents per $100 in assessed value.
Mercer County
Real Estate 12.5
Personal Property 17.11
City Of Harrodsburg
Real Estate 6.65
Personal Property 6.65
City Of Burgin
Real Estate 19.10
Personal Property 15.27
Mercer County Public Library
Real Estate 7.8
Personal Property 7.8
Mercer County Health Department
Real Estate 5
Personal Property 5
Mercer County
Cooperative Extension Office
Real Estate 4.10
Personal Property 7.7
Mercer County Fire
Protection District
Real Estate 6
Personal Property 6
Mercer County Soil
Conservation District
Millage Tax 0.7
Mercer County Schools
Real Estate 70.1
Personal Property 72
