Property owners in Christian County will pay a little extra on their tax bills this year after Fiscal Court passed a small increase on final reading this morning.
The new rate will be 18.7 cents per $100 of assessed value—meaning the owner of a $100,000 home will pay an extra $4 this year. The increase means Christian County will maintain the same tax revenue as it had last year.
Fifth District Magistrate Jim Flemming filled in for an out of town Judge-Executive Steve Tribble and said more residents are eligible for the homestead exemption and that accounts for part of the need for the small tax hike.
Squire Flemming pointed out the tax on tangible property, often assessed on inventory, went down a full cent to 22 cents per 100 dollars of assessed value.
Fourth District Magistrate Tom Jones was the only magistrate who opposed the increase. In other action, an ongoing agreement between Sheriff Livy Leavell and local volunteer fire departments to only charge a 2 percent collection fee on dues placed on property tax bills was passed on final reading.