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Bourbon County approves 2025 budget and votes to exceed revenue-neutral tax rate
Summary
After a public hearing with multiple residents urging caution, the Bourbon County Commission adopted Resolution 11-2024 to levy a property tax rate above the state-calculated revenue-neutral rate (56.761 mills) and approved the 2025 budget as submitted; commissioners said the decision preserves reserves amid rising costs including health-care commitments.
Bourbon County commissioners voted Sept. 16 to adopt a budget that exceeds the state-calculated revenue-neutral rate and approved the county’s 2025 budget as submitted.
The hearing began when the county clerk presented the revenue-neutral calculation: a revenue-neutral rate of 56.761 mills and a proposed levy of about 59.9 mills driven by an increase in assessed valuation and departmental cost pressures. The clerk said the assessed valuation had increased (the packet showed an example increase from $16,000,000 to $17,000,000 for parts of the budget) and identified new revenue of $428,733 tied to that higher valuation.
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