- Special Sections
- Public Notices
There is not one individual who would support a tax increase.
At the same time, few would want to see their government services cut.
Local government agencies are not as privileged as the federal government. Simply printing more money is not an option.
Bullitt Fiscal Court members will have an opportunity on Sept. 1 to determine its real property tax rate.
In just brief conversations on Tuesday, it appeared there might be a possibility that court members could support a slight increase in the rate.
Denying to take the compensating rate last year, the court lost $120,000. That money will never be made up.
This time, magistrate David Walker bravely spoke up and said accepting an increase of 9.3 cents to 9.5 cents per $100 of assessed real property should be accepted.
The decision will first go to the budget committee on Monday, Aug. 24, at 11 a.m. A final decision may come at the Sept. 1 meeting of Bullitt Fiscal Court.
We do not condone tax increases. And we know that on a $100,000 home, the increase would only be $2.
Considering the tight budget for the past year and the need to stop falling backwards in terms of tax revenue, we could see the justification in accepting the compensating rate.
It will then be up to court members to ensure that the money is properly used.