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Five-county East Park interlocal amendment approved; adds tangible-property taxes to revenue share
Boyd County Fiscal Court
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Summary
The court approved a second amendment to the East Park interlocal agreement establishing that tangible property taxes will be included in the revenue pool and confirming equal 20% shares to each of five counties after East Park retains the first $50,000.
The Boyd County Fiscal Court voted June 26 to sign a second amendment to the East Park interlocal agreement that expands the agreement’s revenue definition to include tangible property taxes.
Hunter briefed the court on the change, noting that under the revised formula East…
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