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Tax raise gets the go-ahead from city

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By Jesse Osbourne

 

No residents showed up to protest or praise at the public hearing for a proposed raise in the property tax rate on Tuesday at Springfield City Hall.

A tax increase was passed by the council, as no one opposed a raised rate in person or through comments prior to the hearing.

The proposed rate of 14 percent received a first reading. Last year's rate was 13.2 percent.

If the 14 percent rate is passed after a second reading, a property owner will pay $140 per $100,000 of assessed property value.


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Springfield Sun | circulation@thespringfieldsun.com | 859-336-3716
108 Progress Drive, Springfield, Ky. 40069
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