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Council keeps property tax steady - Personal property rate drops

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By Scotty McDaniel

The Ad Valorem property taxes for the 2008 calendar year have been levied after the Shelbyville City Council approved a second reading.

At its August 21 meeting, the council approved the first reading of the ordinance proposing a tax rate of 27.5 cents per $100.00 assessed real property this year. The rate is the same as last year, when it produced $1,855,368. This year it's expected to produce more than $1.9 million.

The tax rate on personal property within the city was reduced from 46.8 cents on each $100.00 of assessed value last year, to 43.1 cents this year.


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The Sentinel-News | circulation@sentinelnews.com | 502-633-2526
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