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Any resident of Pewee Valley who pays his or her property tax by Oct. 31 will receive a 10 percent discount, the Pewee Valley City Council voted Monday when they approved their property tax rate.
The rate will be the same as last year — $14.4 per $100 of assessed value.
Residents who pay during the month of November will pay their assessed rate. After that, residents will have to pay a six percent penalty plus one percent a month after that.
Property taxes bills will arrive at homes during the month of September.
The tax is expected to raise $235,650 for the city.