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Woodford County fiscal court proposes lowering 2025 tax rate from 6.3 to 5.9
Summary
At an Aug. 12 public hearing required by the Kentucky General Assembly, the Woodford County Fiscal Court proposed lowering the 2025 tax rate from 6.3 to 5.9. One resident asked whether changes to the rate are typically made after a budget is developed; court officials said the adjustment aligns with revenue estimates and county reserves.
WOODFORD COUNTY, Ky. — The Woodford County Fiscal Court held a public hearing Aug. 12 to receive comments on a proposed reduction of the county’s 2025 tax rate from 6.3 to 5.9.
The hearing, required by the Kentucky General Assembly and advertised for 5 p.m. on the second floor of the fiscal courtroom at 103 South Main Street, remained open for comments and allowed written submissions to the judge executive’s office (mail to the courthouse or email to info@WoodfordCountyky.gov).
A resident, Justin Jeter, asked whether it is common to change the tax rate after a budget is developed. “This feels in my mind as just a layperson, a citizen, that this would have been dealt with in budget,” Jeter said. The judge executive replied that the question would be addressed during the court’s tax-rate discussion and explained the county’s approach to setting the rate.
The judge executive said revenues from personal property, motor vehicles and watercraft are included in expected receipts and that the county treasurer estimates tax collections during the budget process. The judge executive added that lowering the rate to 5.9 aligns expected receipts with the adopted budget and that existing budget reserves would prevent any adverse impact on county operations if receipts fall short of estimates. “In lowering the rate, it will coincide with our budget in a way that will not have any adverse impact,” the judge executive said.
The court made a second and third call for public comment; no additional speakers appeared. The judge executive closed the hearing after the final call and recessed the meeting until 5:30 p.m., noting the court would reconvene in regular session then.
The hearing record notes the previous tax rate of 6.3 and the proposed rate of 5.9; it also states that any revenues received in excess of last year’s will be used for county government operations. Citizens may submit written comments to the judge executive’s office as described during the hearing.
The hearing was procedural and no formal vote on the proposed rate was taken at the session recorded in the transcript.
