TheTimesTribune.com, Corbin, KY

Local News

Discussion

September 25, 2012

W’burg Council moves to set tax rates

Special meeting set for Thursday so council can pass rates

The Times-Tribune

CORBIN — By Charlotte Underwood / Staff Writer

The first reading of an ordinance adopting 2012 tax rates for Williamsburg was held at the Monday evening city council meeting.

Mayor Roddy Harrison reported to the board that real property for Williamsburg was assessed at $143,784,695 and tangible property was assessed at $24,885,836. Motor vehicles were assessed at $13,764,856, while water crafts assessed at $147,092. The total taxable assessment for 2012 equaled $182,582,479.

Real property is real estate, while tangible is basically everything else, like motor vehicles, inventory, etc., according to Harrison.

The tax rate for real property will increase by one cent, equaling .271 or roughly 27-cents per $100 assessed value. It was formerly .2600 cents-per $100 assessed value. The tangible tax rate dropped by a penny to .3441 or roughly 34-cents per $100 assessed value, according to Harrison.

“That is not a decision that we make. That is the formula that comes out from the state. Really we have no control of it,” Harrison said.

The increase in real property tax will generate an additional $16,000, while tangible property will bring in an additional $3,500 due to an increase in the amount of taxable tangible property.

The council will convene on Thursday at 4 p.m. to hold the second reading on the 2012 tax rates.

During the meeting, the council also approved the Fall Clean-up schedule.

The clean-up will run from Oct. 15-19 for the Highland Park side of Williamsburg and Oct. 22-26 for the downtown side.

“We always do one week in Highland Park and one week downtown,” Harrison said, adding that one truckload per family will be taken.

Halloween hours were also set at the meeting. Trick-or-treat will be Oct. 31 from 5:30 to 7:30 p.m.

“That gives people enough time to get home, get changed and get back out there,” Harrison said.

During the council comments portion of the meeting, councilman Richard Foley discussed the Williamsburg billboard along the interstate.

“I noticed the Williamsburg sign on I-75 doesn’t look very good, it is all faded out; we need to paint over it or refurbish it or do something about it because it doesn’t look good,” Foley said.

“I will ask Mr. Brown if he will allow us to do that, and we will go in there and fix it back up,” Harrison said.

The mayor also reported that the sewer project was ready to go with all the paperwork in order.

“We are just waiting for the construction company to start,” Harrison said, adding that the project was supposed to be finished by December.

Council member Erica Harris discussed a question with the board that she had received from a resident via email asking if there was an ordinance prohibiting jogging on the surface of the road.

“You cannot impede traffic, but that goes for anything; that is the ordinance. There is no ordinance that says you cannot walk or jog on the street, but you cannot impede traffic,” Harrison said, addressing the question.

Harrison also reported that there would be no October council meeting.

“We would like a zoning commission to meet before the next meeting and also due to the lateness of the September meeting,” Harrison said.

Text Only
Local News