ORDINANCE NO. _____ , SERIES 2022
TITLE
AN ORDINANCE CONCERNING THE LEVY OF TAXES WITHIN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND THE LOUISVILLE URBAN SERVICES DISTRICT FOR FISCAL YEAR ENDING JUNE 30, 2023.
BODY
SPONSORED BY: COUNCIL MEMBER BILL HOLLANDER
WHEREAS, KRS 67C.123 mandates the tax structure, tax rates, and level of services in effect in either the City of Louisville or Jefferson County upon the adoption of the Louisville/Jefferson County Metro Government ("Metro Government") remain in effect unless changed by the Louisville/Jefferson County Metro Council ("Council"); and
WHEREAS, under the provisions of KRS 67C.101(3)(a), the Council may levy and collect taxes upon all property taxable for state purposes within the territorial limits of Metro Government; and
WHEREAS, under the provisions KRS 67C.147(2), the Council may impose a difference in the ad valorem tax rate on real property within the Louisville Urban Services District than is applicable in the remainder of the Metro Government, for services not otherwise provided outside of the Louisville Urban Services District; and
WHEREAS, under the provisions of KRS 67C.147(3), the Council has created the Louisville Urban Services District to provide for tax rates applicable to health insurance premiums and personal property for services in the District.
NOW, THEREFORE, BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("COUNCIL") AS FOLLOWS:
SECTION 1. ESTABLISHING THE AD VALOREM TAX RATES FOR FISCAL YEAR 2022-2023
The following ad valorem tax rates for Fiscal Year ending June 30, 2023 for Metro Government shall be and the same are hereby enacted as follows:
I. METRO GOVERNMENT AND LOUISVILLE URBAN SERVICES DISTRICT REAL PROPERTY TAX RATES.
A. The tax per $100 of assessed valuation of real property, including public service corporations, shall be set at 12.40 cents for general Metro Govern...
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