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Cave City Council has first reading on new tax ordinance

Sep 30, 2023 | 3:03 PM

Left to right: Council-members Beverly Ford, Steve Pedigo, Brandon Wright and Clerk Bonita Hendren during the invocation for the tax rate ordinance reading. Gage Wilson/Glasgow News 1

By GAGE WILSON
Glasgow News 1

The Cave City Council met Tuesday, Sept. 27 at a special called meeting to have the first reading of two ordinances setting property and vehicle tax rates. The meeting was called to order at 5 p.m. with all council members present.

Cave City Mayor Dwayne Hatcher began with explaining what the ordinances would change and why a four percent increase was not a direct increase to resident taxes but was rather an increase to revenue. Hatcher then opened the floor to public comment on the matter. Unfortunately, the meeting did not see a large turn out, Hatcher did hold the meeting for several minutes to see if more residents were planning on attending but no additional attendees came, as a result, no public comment was made.

The reading of the property tax ordinance followed, with the ordinance reading, “A property tax rate of 13.9 cents per $100 of assessed property.” once finished Hatcher entertained a motion from the council to adopt the proposed ordinance, Councilwoman Beverly Ford made the motion which was seconded by Councilman Steve Pedigo. The ordinance was passed unanimously.

The second ordinance, pertaining to the tax rate of vehicles, ran a similar course. The ordinance read, “A tax of 17.87 cents per $100 on the assessed value of motor vehicles and boats.” Pedigo and Ford again made the motions to accept the ordinance, which was passed unanimously.

The night saw one other item, which was a resolution authorizing the mayor to sign a sidewalk project agreement with the Kentucky Transportation Cabinet. The agreement would see the investment of $557,000 into the North Dixie sidewalk project. According to Hatcher the city is responsible for twenty percent of the total cost which is a little over $100,000. Councilman Brandon Wright asked during the council’s time for discussion about which account(s) the city’s money would come from. Hatcher explained that it would most likely come from the general fund, and possibly the American Rescue Plan Act. The council voted, unanimously, to approve the resolution.

With the council limited to speaking about the three agenda items solely, a motion was made shortly after to adjourn.

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