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Owenton property owners will see slight tax change

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Mayor says council trying to hold the line on taxation during recession

By Molly Haines

The Owenton City Council voted to raise its real property tax rates to .326 from last year’s .316 during its Oct. 1 meeting.

The .326 tax rate means a property owner will pay .326 on each $100 worth of real property at its assessed cash value.

Owenton City Clerk and Treasurer Laura Aldridge said a property owner whose property was worth $100,000 would pay $326 in real property taxes.

The personal property rate will be .469 as opposed to last year’s rate of .3338. The vehicle rate will be .2829.


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