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Calvert council adopts lower 2024 tax rate of $0.27 per $100

Calvert City Council · August 26, 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

The Calvert City Council approved a proposed 2024 tax rate of $0.27 per $100 property value (down from 0.28500 in 2023) by unanimous vote at its Aug. 26 meeting.

At its Aug. 26 meeting the Calvert City Council voted unanimously to adopt the proposed 2024 tax rate of $0.27 per $100 of assessed property value. Council Member Wiese moved for adoption, Council Member Walston seconded, and the council recorded both verbal and written votes in favor.

The decision follows a public hearing held at 5:11 p.m. during which no members of the public spoke. The approved rate represents a reduction from the 2023 rate of 0.28500 per $100 valuation and will be reflected in tax calculations for the 2024 tax year.