Decision to be made on Ad Valorem Tax Rates

At Work Session, Urban County Council will hear the Mayor’s Administration’s recommendation for the Ad Valorem Tax Rate. This past June, The Budget, Finance, & Economic Development Committee received an overview of rate options to pick from. You can view our write-up of those options here. The Administration is recommending that Council adopt a rate that will increase tax revenue by 4%, which is the maximum revenue increase allowed by Kentucky State Law without being subject to a recall vote from the public. This is the same option Council chose in 2022.

Council Work Session will be held on Tuesday, August 15th at 3pm in Council Chambers. You can attend in person or watch live on LexTV.