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Bardstown council adopts ordinance setting property tax rates for FY 2024'025
Summary
Ordinance B2024-12 was adopted unanimously, setting a property tax rate of $0.1610 per $100 on real and personal property and $0.24 per $100 on motor vehicles and watercraft for fiscal year July 1, 2024'025; late penalties, interest rates, and a convenience fee were also specified.
The Bardstown City Council adopted Ordinance No. B2024-12 on Sept. 10, 2024, setting property tax rates and related collection rules for the fiscal year July 1, 2024, through June 30, 2025.
The ordinance sets a levy of $0.1610 per $100 on both real and personal property subject to taxation and $0.24 per $100 on motor vehicles and watercraft. All monies collected are allocated to the General Fund for city services including recreation, police and fire protection, general government, and street and highway maintenance. The ordinance authorizes the City Administrator to waive property tax bills of $10.00 or less. A 10% penalty applies to bills not paid by the due date, and unpaid amounts more than 30 days past the due date accrue interest at 1% per month or part thereof. The ordinance also imposes a 3.5% convenience fee on credit card payments of property tax bills.
Councilwoman Betty Hart moved to adopt Ordinance B2024-12 as read by City Attorney Audrey Haydon; Councilman Roland E. Williams seconded. The roll call recorded Councilmen Joe Buckman, David Dones, Franklin Hibbs, Bill Sheckles, Roland E. Williams and Councilwoman Betty Hart voting "Yes." Mayor J. Richard Heaton declared the ordinance adopted and said it will be recorded in the ordinance book.
The meeting minutes record the ordinance text and the unanimous vote but do not provide line-item revenue estimates or the administrative schedule for billing and publication.
