August 27, 2012

Court sets tax rate

LAUREL COUNTY, Ky. — The tax rates for 2012-2013 are set, and approved by the Laurel County Fiscal Court.

Rates for the 2012-2013 fiscal year show an increase in only one area — that being for the UK County Extension Service.

In that category, the tax rate for real property increased from 2.2 cents per $1,000 last year to 2.4 for the 2012-2013 fiscal year, and personal property rates rose from 3.5 cents to 3.75. The motor vehicle tax and watercraft tax remained the same, at 1.03.

Other tax rates showed no increase from the prior year, leaving the county rate for real property at 6.20 cents and personal property at 6.20.

Soil Conservation tax remained at 0.004 cents, and the public library rate at 8.0 for real property and 13.83 for personal property. Bush Fire Department District will continue to collect at 5.70 cents per $1,000. The Laurel County Health Department tax remained at 4.0 for all three entities of real property, personal property and motor vehicle. The county motor vehicle tax and watercraft remained at 10 cents, respectively.

Laurel County Judge Executive David Westerfield explained that magistrates  and the fiscal court do not set or approve the tax rates--they simply listen to the reading of the proposed rates and approve the document.

Tax rates generate monies for special districts and are applied according to the value of property, motor craft and vehicles.


Text Only
Local News
Local Sports

North Laurel won its second straight Senior League State Championship with a 6-3 decision over Lewis County. Much of this same team also won a state title as 11-year-olds.

Community Events
Must Read
AP Video
Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction Malaysian PM: Stop Fighting in Ukraine Cantor Warns of Instability, Terror in Farewell Ravens' Ray Rice: 'I Made a Huge Mistake' Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide

Now that school is out, what are your family’s summer vacation plans?

A. No major plans. We will probably hang out around Laurel County.
B. Going to the beach!
C. Kentucky has a lot of wonderful state parks, and we plan to visit a few and enjoy quality family time.
     View Results