Posted by WGWKy2 on January 29, 2012 at 15:32:00 from (98.19.148.60):
In Reply to: real estate taxes posted by Ray on January 29, 2012 at 13:18:43:
I guess other states work different but in Ky. the property taxes support the schools, and can go up only 5% or so a year. We do have ag. value on farms, a reduced rate, but you have to be a farmer. The collects a license fee also to pay for the county services. I was on the school board 12 years, after 2 or three years I could see that the School and the county were doing a pretty good job. Much of the money is controled at the state leavel, kind of frustrating really.
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