property tax

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Property tax rates down again in LouisvilleKY Metro for third consecutive year

Louisville, Ky., – For the third consecutive year, property tax rates will go down for Louisville residents, according to Metro Government’s Office of Management and Budget. “The benefits of our economic momentum reach Metro residents in many ways,” said Mayor Fischer. “A decrease in property tax rates is one of them.” This year, the countywide Metro real property tax rate will go from 12.45 cents per $100 assessed value to 12.35 cents. That change amounts to a one dollar savings for every $100,000 of assessed property value. “Continued growth in our local economy and a strong real estate market are…