What you need to know Independence has passed a resolution opposing a bill, which is currently moving through the legislative process in Frankfort, that would abolish property taxes on primary residences and vehicles. “While I love the idea of no longer paying property taxes, as somebody who’s been sitting up here (in the mayor’s seat) […]
Tag: Property taxes
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Fort Wright to see lowest property tax rate since 2008
Fort Wright City Council held its first reading this week of the proposed 2025-2026 property tax rate. The real property tax rate will decrease, and the personal (“tangible”) property rate will stay the same at 3.85%. “The proposal this year is a fairly substantial tax cut,” Fort Wright Mayor Dave Hatter said. “As a whole, […]
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Ludlow raises taxes after stalled votes
What you need to know Ludlow City Council voted to raise its property tax rates Thursday evening after all three of the rates that had been previously proposed, including one would have kept the rates unchanged, failed to garner either enough votes or even a motion and a second from council. “I would advise against […]
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Covington considers raising property tax rates
The Covington Board of Commissioners is considering raising both its real estate property tax rate and its personal property tax rate. The commissioners will cast their final votes on the rates next week. The board performed a first reading of the ordinance establishing the tax rates for the 2026 fiscal year, which runs from July […]
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Covington won’t raise property tax rate
Covington City Commission voted to keep the real estate property tax rate unchanged from last year and lowered the personal property tax rate, despite a proposal to raise the real estate property tax rate.
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Property tax increase finds no favor with Covington leaders
The Covington City Commission has rejected a proposal to increase real estate property taxes and instead opted to keep the rates unchanged from last year, despite a proposed increase of $0.286 for every $100 of assessed real property. Final vote takes place next week.
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Dayton sees biggest drop in property tax rate in more than a decade
For the first time since 2009, Dayton residents will see a dramatic drop in their property tax rate. The rate for the 2024-2025 fiscal year will drop by 15%, City administrator Jay Fossett announced at Tuesday’s city council meeting during the first reading of the city’s 2024-25 tax ordinance. “This is a big deal, and […]
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Fort Wright can now revoke liquor licenses over delinquent property taxes
Fort Wright city council passed two ordinances to give the city more leverage over delinquent taxpayers, with the aim of disrupting an organization’s operations if it does not pay its property taxes.
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Independence keeps tax rates the same amid rising property values
UPDATE: We have added the projected revenues for Independence and additional contextual information related to compensating rates following reader inquiries. We apologize for any confusion this may have caused.–LINK nky Editorial, Sept. 21, 2023 The Independence City Council unanimously passed their property tax rates at a special meeting Monday night. The new rates are identical […]
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Fort Wright votes to raise property taxes: ‘Fiscal picture is still extremely good’
Property tax rates are increasing in Fort Wright in 2023. A public hearing was held on the property tax rates at a September Fort Wright City Council Meeting. No citizens shared an opinion on the proposed tax rates for the 2023 fiscal year. Still, Mayor Dave Hatter explained the calculations that lead to this year’s […]