For the third year in a row, Kentucky's real property tax rate has dropped.
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The board set Jefferson County Public Schools’ property tax rate at 76.3 cents per $100 of assessed value for upcoming tax bills, down from 79.6 cents per $100 of assessed value last year. The board’s approval followed a public hearing in which few attended and no one spoke for or against the proposed rate.
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Jefferson County Clerk Bobby Holsclaw's office verified 38,507 signatures of the 40,320 submitted by the group No JCPS Tax Hike on July 10. The committee needed 35,517 signatures to place the proposed tax rate increase on the Nov. 3 ballot.
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Those wanting to address the board will be allowed inside VanHoose Education Center one at a time during the 5:30 p.m. tax hearing to voice their support or opposition through video conferencing.