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Erlanger City to hold special meeting for 2025 tax-rate first reading; staff recommends compensating rates
Summary
Councilors scheduled a special meeting next Tuesday at 7:00 p.m. for the first reading of 2025 tax rates and staff recommended adopting the compensating rate for property and tangible property, with possible insurance premium tax changes discussed later.
Councilors agreed to hold a special meeting next Tuesday at 7:00 p.m. for the first reading of Erlanger City's 2025 property and tangible tax rates, with the second reading and vote scheduled for the Sept. 2 council meeting so the required notices can be printed in time.
Finance Director and HR Director Kara Kramer provided the staff recommendation to adopt the compensating rate — a rate adjustment that offsets assessed-value growth — for both real property and tangible…
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