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Stamping Ground adopts 2024 tax ordinance at rate of 0.139 per $100
Summary
After Attorney Joe Hoffman read the 2024 Tax Ordinance, the council voted 4-0 to adopt a tax rate of 0.139 per $100 in assessed value during the second reading.
The Stamping Ground City Council adopted its 2024 Tax Ordinance at a rate of 0.139 per $100 of assessed property value during its Sept. 17 meeting.
Attorney Joe Hoffman read the ordinance aloud as part of the second reading. Mayor Keith Murphy moved to adopt the ordinance and Commissioner David Clark seconded; the motion passed 4-0. The minutes record the formal adoption but do not include additional fiscal analyses or projected revenue figures.
Council members did not record public comment related to the tax rate at the meeting. The ordinance was presented and approved as read; the minutes identify no amendments or conditions to the adopted rate.
