Budget Amendments, Tax Rate Discussed
The Henderson County Highway Department Superintendent Steve Vineyard (right) addressed the commission’s budget committee members, July 11th, about the need for funds to pave county roads.
PHOTO STEVE CORLEW/The Lexington Progress
Article by Steve Corlew-
The Henderson County Commission approved a tax rate and put off several of the county’s needs during a brief session Tuesday, July 11th.
Commissioners voted 12-2 to approve the new equalized tax rate of $1.4578 per $100 assessment and a county fire district tax rate of $0.1237 per $100 assessment.
Commissioners Jack Johnson and Blake Stanfill voted against the rate. Both are candidates for the Lexington City Board, which recently approved a tax rate increase. Johnson is a current Lexington alderman and Stanfill is running for the board in the September election.
Commissioner Johnson expressed concern that the equalized rate would constitute a tax increase for property owners.
“With the economy like it is, this is not a good time to increase any taxes,” Johnson said. “I know this is going to cause a tax increase.”
McCready said the new equalized rate is bringing in the same revenue as the old tax rate. The rate was…
For complete coverage, see the July 19th edition of The Lexington Progress.
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