Journal-Times (Grayson, KY)

September 18, 2013

Fiscal Court sets 2014 tax rates

By Joe Lewis - Staff Writer
Journal-Times

Sept. 18, 2013 — Carter Fiscal Court met Tuesday and set next year's tax rates for county government, ambulance service and cooperative extension.

Tax rates for the cooperative extension will increase by the four percent maximum allowed under Kentucky law without the need for a public hearing.

The new rates will be .0440 cents per $100 assessed value for real estate and .0643 cents per $100 assessed value for tangible property.

No change was made to the ambulance service tax rates which will remain at .076 cents per $100 assessed value for real estate and .080 cents per $100 valuation for tangible property.

As recommended by Judge-Executive Charles Wallace, county property tax rates will remain the same for the upcoming year. The rates are .073 cents per $100 assessed value for real estate and .086 cents per $100 assessed value for tangible property.

After meeting in closed session, the Fiscal Court informed those in attendance that a lawsuit had been filed against former Jailer Randy Binion and his staff.

No further information regarding the nature of the lawsuit was given.

In other business, the Fiscal Court unanimously approved all financial statements and transactions for the previous month and agreed to purchase a new mower from Whayne Supply for use on county roads.

The 2014 model mower has a price tag of $124,413.54 and will be financed by BB&T Bank at an interest rate of 2.5 percent.

The next meeting of Fiscal Court will be at 10 a.m. on Tuesday, Oct. 15, in Room 221 of the county courthouse.

Joe Lewis can be reached at jlewis@journal-times.com or by telephone at 286-4201.