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Mercer County Board of Education adopts amended 2025-26 tax rates
Summary
At a special meeting, the Mercer County Board of Education unanimously approved amended tax rates for 2025-26: 70.5¢ for real property, 71.9¢ for personal property and an affirmed 49.1¢ rate on motor vehicles. The motion cites KRS 132.010 and limits increases tied to the compensating rate provisions in that statute.
At a special meeting, the Mercer County Board of Education adopted amended property tax rates for 2025-26, approving a 70.5¢ rate on real property, a 71.9¢ rate on personal property and affirming a 49.1¢ rate on motor vehicles.
The board read a recommended motion that said the 70.5¢ real-property rate "will produce no more revenue for real property, exclusive of revenue from new property, as…
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