HOPKINSVILLE, KY (CHRISTIAN COUNTY NOW) – The Christian County Fiscal Court voted on the first reading for the proposed real estate/property tax rate for this fiscal year. The proposed 16.7 cent rate per $100 of assessed property value would maintain the same tax rate that was approved last fiscal year and is estimated to bring in $8.7 million in revenue.
“Our proposal is the same rate as last year,” Judge Executive Jerry Gilliam iterated during the Aug. 11 meeting. He additionally pointed out that all other taxable items by the county will remain the same as listed in the ordinance, with the exception of a slightly lowered tangible property rate at 18.1 cents.
County tax rates provide revenue for general purposes along with the maintenance of roads and bridges. The entirety of the ordinance lists tax rates for motor vehicles, watercraft, agricultural products, aircraft and more.
Prior to this fiscal year, the property tax rate had continually dropped. In 2023 it was 18.1 cents, dropping to 17.6, and then to 16.7 last year. The first reading of the tax ordinance unanimously passed during the Aug. 11 meeting.
Due to new Kentucky legislation, a public hearing will be held prior to approval of the annual tax rates. The hearing will take place on Aug. 25 at 8:15 a.m., and will directly precede the regularly scheduled fiscal court meeting at 8:30 a.m.
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