New Tax Rates Approved in Paducah

 

On Monday, the McCracken County Fiscal Court approved new tax rates for the 2021 fiscal year.
They approved a levy rate of .1070 on each $100 of real estate value, .1608 on $100 of tangible property and .025 on all bank shares located within McCracken County. The revenues from this levy will be used to maintain the county government, care of paupers, the upkeep of public roads and bridges and all other expenses. The board also gave their approval to a levy rate of .1070 on each $100 of real estate value, .1608 on $100 of tangible property and .025 on all bank shares located within McCracken County. These revenues from this levy will be used to maintain the county government, care of paupers, the upkeep of public roads and bridges and all other expenses. The board also gave their approval to the following ad valorem taxes. The first will benefit the McCracken County Health Department in the amount of .024.  The second is a benefit to the McCracken County Mental Health Center at .012. All three of these is assessed per $100 of real estate and tangible property value within the county.
The third and final tax will benefit the College Support District at a rate of .016 on all real estate and tangible property and .025 on all bank shares per $100 of value. This specific tax only affects those who live in the city limits of Paducah. Each of these taxes started with 2021 fiscal year, which began on January 1.

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