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Ordinance committee recommends Woodford County hold first reading to cut property-tax rate to 3.9%
Summary
The ordinance committee recommended first reading of Ordinance 2026-7 to set Woodford County’s 2026 property tax rate at 3.9%, reflecting the budget assumption and an attempt to reduce taxpayer burden despite school-district funding pressures.
The ordinance committee voted to recommend that the fiscal court hold a first reading of Ordinance 2026-7 to set the county property-tax rate for 2026 at 3.9%, down from the current 5.9% and consistent with the fiscal-year budget assumptions.
"Our budget…anticipated and looked into a property tax rate cut going from 5.9 to 3.9," the judge said, noting the county's budget was built on the lower rate. The judge also said the court has encouraged other taxing districts to adopt rates that produce no new revenue this year. Committee members expressed support for the approach: "Folks are hurting right now," said Squire Taylor, and several members praised the court for stepping forward.
The committee recorded the motion (moved by Squire Blackford, seconded by Squire Gill), and the committee carried the recommendation unanimously. The compensating rate and other rate options were discussed but the 3.9% rate recommendation will proceed to the full fiscal court for formal ordinance reading.
