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Oldham’s property tax rate unchanged

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By Laura Hagan

For the fourth year, members of the Oldham County Fiscal Court have kept the county’s property tax rate at nine cents per $100 of real property.

Shawn Boyle, the county’s chief financial officer said this year new growth in the county is at $105 million.

“We’ve seen a deceleration of new growth,” he said. “(A property tax rate of) 9.0 puts us in line with our budget philosophy of holding steady and watching what happens.”

Boyle recommended the rate stay at 9.0 and said there is no reason to increase it. Magistrate Steve Church said the county’s rate is one of the lowest in the state.

$5,469,505,393 of real property is subject to the ad valorem tax rate.