Christian Fiscal Court approved final reading of its property tax ordinance this morning, which includes a very slight increase to maintain revenue levels.
The increase equals an extra two dollars on the bill of an owner of a 100-thousand dollar property. Christian County Judge-Executive Steve Tribble says he thought it was important to keep the same level of money coming in to not take a step backward.
The City of Hopkinsville and Todd County Fiscal Court were able to increase revenue while keeping their property tax rates the same. Judge Tribble says the state looks at assessments and uses a formula to set tax rate options—and the numbers didn’t play out as well for the county.
The tax rate for tangible property actually decreased by three cents per 100 dollars of assessed value, according to Treasurer Walter Cummings. In other action, court entered an agreement with the City of Hopkinsville to use a revenue stream only available to Fiscal Court to re-pave East 21st Street, which has seen a considerable increase in traffic.