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Board approves increased tax rate

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By Stephen Lega

The Marion County Board of Education voted to increase its property tax rate from 53.8 cents per $100 valuation to 55 cents. The board unanimously approved the rate change at its Aug. 27 meeting, which followed a public hearing on the proposed rate change.
The 55 cents per $100 rate is considered the 4 percent rate by the state because it generates 4 percent more revenue than the previous year’s rate, excluding new property.


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The Lebanon Enterprise | circulation@lebanonenterprise.com | 270-692-6026
119 S. Proctor Knott Avenue, Lebanon, KY 40033
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