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Woodford County adopts 3.90¢ tax rate in second reading; judge calls it 'historic reduction'

Woodford County Fiscal Court · August 11, 2026
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Summary

The fiscal court adopted Ordinance 2026‑7 setting the county ad valorem tax rate at 3.90¢ per $100 of assessed value, citing a total assessment base of $3,818,146,631 and estimated county revenue of $1,489,077.19; the second reading passed unanimously.

At second reading the Woodford County Fiscal Court adopted Ordinance 2026‑7 setting the county ad valorem tax rate at 3.90¢ per $100 of assessed value for tax year 2026. The county attorney summarized the ordinance and provided the assessment base and projected county revenue: "The total assessment of all real property ... as of 01/01/2026 is $3,818,146,631," and the proposed 3.90¢ rate would generate approximately $1,489,077.19 in county revenue, the county attorney said.

Judge framed the adoption as a substantial taxpayer reduction and said lowering the fiscal court rate aims to return dollars to residents; the county attorney noted that the ordinance requires publication in summary form within 30 days. The motion for the second reading and adoption was moved and seconded and carried by voice vote with all present members saying "aye."