Covington set its new property tax rates Tuesday night. The city’s real estate property tax rate has decreased, whereas the rate on personal property, also called tangible property, has increased. The new real estate property tax rate is $0.262 per $100 of property valuation, down from last year’s rate of $0.287 per $100 of property […]
Tag: real estate taxes
Posted inNews
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.
Posted inNews
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.
