, Corbin, KY

Local News

September 21, 2012

Tax rates set at Whitley County Fiscal Court meeting

CORBIN — By Charlotte Underwood/Staff writer

The Whitley County Fiscal Court voted to keep tax rates the same as last years’ at the Tuesday evening meeting.

 Whitley County Judge Executive Pat White Jr., said he felt that the magistrates made the right decision in maintaining the rates.

“I am glad to see, in these tough economic times, that everyone decided to keep their tax rates the same as last year,” White said.

 Real estate property tax stayed the same at 7.8 cents per $100 of assessed value.  A resident with a home valued at $100,000 will pay $78 to the county in taxes, according to White.

 Motor vehicle and water craft tax stayed the same at 10.7-cents per $100 of assessed value. Personal property tax also remained the same at 9.7-cents per $100 value.

 Magistrates approved the library tax rates at 5.2 cents on real estate, 5.2 on personal property and 2 cents on motor vehicles and water craft. The soil conservation tax, which applies only to real estate, was set at 1.4 cents. The extension service will receive 5.3 cents per $100 valuation on real estate, 13.82 cents per $100 valuation on personal property and 1.39 cents per $100 valuation on motor vehicle and water crafts.

Taxes going to the health department are 4-cents per $100 valuation for property in all four categories.

 During the meeting, magistrates also approved a memorandum of agreement for the replacement of the Little Wolf Creek Bridge.

 According to White, the project will replace the bridge off of KY 1804 in the Boston School area. The project is expected to cost $108,000, with the state providing 80-percent and the county funding the remainder.

 The magistrates accepted the lowest bid on the concrete portion of the bridge from Ron’s Concrete at $40,000. The project will not start until state funding is received.

 Magistrates also accepted the lowest bid to purchase a new ambulance from Taylor Made. The ambulance is a 2013 General Motor G3500 and comes at a cost of $94,316.

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