School board approves lowering tax on real estate
The Russell County Board of Education approved a decrease in the tax rate on real estate at last night’s board meeting. The board approved a slight decrease in the real estate tax from 51.1 cents […]
Stories tagged with: tax
School board to consider tax reduction, recognize teachers and coaches
The Russell County Board of Education is expected to consider a tax reduction and recognize multiple teachers/coaches at this evening’s board meeting. The board is expected to consider a tax reduction on real estate. The […]
Fiscal court approves tax rate
The Russell County Fiscal Court approved the county’s tax rate at last night’s meeting. The fiscal court voted unanimously to leave the tax rate the same as last year. Judge Executive Randy Marcum spoke to […]
Adair County approves half-percent payroll tax
The Adair County Fiscal Court approved a half-percent payroll tax at a meeting earlier this week. The issue of a payroll tax has been a contentious issue in the neighboring county for a while now. […]
State real property tax rate drops for third year
Kentucky’s real property tax rate is dropping for the third consecutive year, decreasing to 11.4 cents per $100 of assessed value in 2023. The new tax rate took effect at the beginning of July. The […]
Transient tax collected, logo being updated at Lake Cumberland Tourist Commission
The Lake Cumberland Tourist Commission collected $3,735.55 in transient tax in February of this year, which is about average when looking at the last five years for the month. Transient tax information runs a couple […]
Adair Fiscal Court says ‘no’ to occupational tax, for now
In neighboring Adair County, the fiscal court voted down a measure earlier this week that would have imposed a one percent occupational tax in the county. Magistrate Terry Hadley was the lone vote in favor […]
Fiscal court votes to pull time zone change petition, approves occupational tax change
In a total turn from their vote almost one month ago, the Russell County Fiscal Court voted to rescind its petition to the federal government to move to the eastern time zone. Judge Executive Randy […]
Fiscal court approves first reading of occupational tax ordinance
The Russell County Fiscal Court met in special session Monday morning. The court approved the first reading of the new occupational tax ordinance, which increases the tax from three-quarters of a percent to one percent. The […]
Stephens opposes tax increase
Terry Stephens, the owner of Stephens Pipe and Steel, the largest employer in the county, opposes the proposed occupational tax increase by the Russell County Fiscal Court. Stephens told the fiscal court Monday night that […]