The Board of Commissioners of the City of Paducah will hold a public hearing on September 5, 2023 at 5 p.m. CST at Paducah City Hall for the purpose of obtaining comments from the public regarding the proposed 2023-2024 property tax rates.
City Tax Levy | City Revenues | Paducah Junior College Tax Levy |
Paducah Junior College Revenues | |
---|---|---|---|---|
Tax Year 2023-2024 | $0.256 | $6,205,000 | $0.014 | $339,000 |
Tax Year 2022-2023 | $0.265 | $5,867,000 | $0.015 | $332,000 |
Compensating Rate | 0.247 | $5,987,000 | $0.014 | $339,000 |
New Real Property | $118,000 | $6,500 | ||
Personal Property | $563,000 | $23,000 |
Revenues received in excess of last year’s revenue will be used for City public safety and public service expenditures and for community college capital projects and educational program expenditures. The Kentucky General Assembly requires that the City of Paducah publish this notice with the above information contained herein.