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Developers gain hefty tax savings

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By John Foster

A recent decision means a multi-million dollar reduction in property tax assessments and a drastic reduction in taxes for some local developers.

The developers may be happy, but Property Valuation Administrator Ron Winters is not. He plans to appeal a decision by the Oldham County Board of Assessment Appeals.

First, some background.

In June a group of local developers, including Bob Jones, Walt Schumm, Joe Pusateri and Jay Hall, appealed the assessments of about 340 vacant lots they own.


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The Oldham Era | circulation@oldhamera.com | 502-222-7183
P.O. Box 5, 202 South First Street, Ste 1, LaGrange, KY 40031
Office Hours are 8:30 a.m. to 5:00 p.m., Monday through Friday