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Owensboro commission adopts 2024 property tax ordinance, holds rates below prior year

Owensboro Board of Commissioners · September 3, 2024
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

On Sept. 3 the Owensboro Board of Commissioners approved Ordinance 13-2024 setting the city's 2024 property tax rates: 26.1' per $100 for real property, 28.25' for personal property and 30.30' for vehicles. Officials said the rates reduce the real property rate from 26.4' last year and provided revenue estimates.

The Owensboro Board of Commissioners voted Sept. 3 to adopt Ordinance 13-2024, which sets municipal property tax rates for the fiscal year beginning July 1, 2024. The ordinance establishes a real property rate of 26.1 cents per $100 of assessed valuation, a personal property rate of 28.25 cents per $100 and a vehicle rate of 30.30 cents per $100.

Angela, the city finance presenter, told the commission that last year's levy was…

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