Burgin Keeps Same Tax Rates, Discusses Property Issues
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Robert Moore
Herald Staff
[email protected]
The Burgin City Council voted to keep the city’s property tax rate the same at .142 per $100 in assessed value.
At their regular meeting on Tuesday, Sept. 9, the city council elected to keep their tax rates on tangible property and motor vehicles the same as last year.
Due to increasing property valuations, Mayor Jamie Keebortz said the friendly little city would realize $4,000 more in revenue keeping the tax rates the same.
Councilman Sindicat “Sid” Dunn moved to keep the tax rates the same. Councilwoman Sarah Moran seconded Dunn’s motion, which passed unanimously.
Last week, the Mercer County Fiscal Court approved the tax rates submitted by the six taxing districts in the county. The fiscal court does not set the rates for any of the districts.
With property values on the rise, most districts elected to stay the same. The Mercer County Board of Education, the Mercer County Health Department and the Mercer County Cooperative Extension Office all elected to keep the same rates. The Mercer County Conservation District, which charges a millage tax, also opted to keep their rate the same at .010 per $100 in assessed value.
The Mercer County Public Library lowered their tax rate from 6.7 to 6.4 per $100 in assessed value, which is below the compensating rate calculated by the state to generate the same amount of revenue. This marked the fifth consecutive year the library has lowered its tax rate on real and personal property.
The county also reduced their tax rate. In July, the magistrates voted unanimously to adopt the compensating rate of 11.6 per $100 in accessed value. That is down from 12.1 per $100 in accessed value, the rate the magistrates selected last year, which was down from 12.6 per $100 in accessed value for the year before.
The only district that increased their tax rate is the Mercer County Fire Protection District, which raised their rate from 8.0 to 10.0 for real estate and personal property.
