For the first time in several years, Fayette County has approved a tax increase. At Thursday night’s meeting, the County Board of Commissioners approved maintaining the property tax millage rate, instead of adopting the rollback rate.
Because the county adopted the same 4.392 mills rate, taxpayers will see their county property tax bill go up $21 this year. The county had chosen the roll back rate in each of the last four years, which staff noted meant a cumulative $29.6 million less revenue the county could have collected.
Commissioner Charles Oddo said the time was right because much of the additional funds will go towards public safety.
“I think this is just the year we have to bite the bullet and move forward. It’s for a good cause. It’s primarily for safety and emergency personnel who, jeez, they protect all of us, and they have a tough job, too,” said Oddo. “It’s a balancing act, and I appreciate that.”
The property tax millage rate was adopted 4-1, with Commissioner Eric Maxwell voting in opposition.