The Woodford County Fiscal Court held a public hearing on August 12, 2025, to discuss the proposed tax rate for the upcoming fiscal year. The meeting, which began at 5 PM, was designed to gather public comments regarding the tax rate adjustment, a routine requirement mandated by Kentucky law.
During the hearing, it was announced that the current tax rate of 6.3 would be proposed to be lowered to 5.9. This reduction aims to align the tax rate with anticipated revenue needs without adversely affecting county operations. The court emphasized that the expected revenues would still adequately support county government functions, even with the lower tax rate.
One member of the public, Justin Jeter, raised a question about the timing of the tax rate change in relation to the budget development process. He expressed concern that such adjustments should typically be addressed during budget discussions. The court acknowledged his question and indicated it would be addressed in further discussions about the tax rate.
The fiscal court reiterated that public comments could also be submitted in writing or via email, encouraging ongoing community engagement. However, no additional comments were made during the hearing, which concluded shortly after 5:15 PM.
This meeting highlights the fiscal court's commitment to transparency and public involvement in financial decisions that affect the community. The proposed tax rate change reflects an effort to balance fiscal responsibility with the needs of Woodford County residents. The court will reconvene for its regular meeting at 5:30 PM to continue its agenda.