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Daviess County holds first reading of 2025 tax-rate ordinance proposing lower compensating rate

5551456 · August 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At first reading the court presented a proposed compensating property tax rate for 2025 that would lower real-property rate from 12.9¢ to 12.2¢ per $100 of assessed value; tangible and motor vehicle rates were listed.

Daviess County Fiscal Court held the first reading Aug. 7 of an ordinance setting the county’s 2025 tax rates and presented a proposal to adopt the compensating rate that would generate the same revenue as the prior year.

Mister Johnson reviewed 2025 assessment information from the Department for Local Government and said the court had…

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