“If we don’t compensate for our assessment losses, we’ll be trying to perform at the same level as last year with less money.”
PVA Bill Oxendine explained to the Barbourville City Council the Department of Local Government allows the city to claim taxes of 29 cents per $100 for real assessments and 31 cents per $100 for tangible assessments. This is what the council could claim if it chose.
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