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Mercer County Board of Education adopts amended 2025-26 tax rates

Mercer County Board of Education · November 6, 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 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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