The tax rate in Fort Thomas is most likely staying the same as it was last year. The proposed real property tax rate, presented during Tuesday’s evening city council meeting, was $0.348 per $100 of property valuation, as it was for Fort Thomas in the fiscal year 2023-2024. However, the rate is slightly higher than […]
Tag: Fort Thomas property tax rate
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Fort Thomas approves property tax increase
Editors note: the original version of this story incorrectly labeled the generated revenue as $6,392.970 it has been edited to reflect the correct amount of $6,392,970. Fort Thomas City Council approved a proposed property tax rate for the 2023-2024 fiscal year at Monday’s meeting. The new rate for real property will be $0.348 per $100 […]
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Fort Thomas City Council disagrees on proposed tax rate change
On Sept. 5, Fort Thomas City Council held the first of two meetings this month to present a first and second reading of the proposed 2023 tax rate. The meeting opened after a short public hearing on the proposal that would take the allowed 4% increase over the compensating rate. The proposed rate for 2023 […]