City sets tax rate and Trick-or-Treat times

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Candy giveaway on the square set for Oct. 30

By Linda Ireland

Citing a poor economy and stagnant property assessments, Hodgenville Mayor Terry Cruse recommended taking the compensating rate for property taxes. Basically, residents will see little or no increase in the city’s tax bill.

Hodgenville City Council voted Monday to accept the recommendation which will bring in $166 more in revenue than last year’s rate.

“Normally, we’ve taken the 4 percent (allowed tax rate) but with the economy the way it is …I feel if we take the compensating rate, that will keep us from going backward,” Cruse said.

Last year’s taxes brought in $132,302; the current year’s rate will bring in $132,468.

The rate is .123 per $100 assessed value of personal property.

If property taxes are paid by Nov. 24, a 2 percent discount will apply. If paid by Dec. 31, the face value is due.

Penalties accrue for late payment.

In other business:

• Main Street Manager Celia McDonald reported the lease for Abe’s Country Cooking has expired and the restaurant is on a temporary payment plan while Main Street attempts to sell the building.

• Cruse announced plans to sell surplus property at auction Sept. 25. Items include a 1994 pickup truck, Farmhand loader and 7-foot trim mower. The items will be included with the absolute auction of the old city hall building.

Cruse said Lee Realty was selected by random draw of interested realtors to handle the auction.

• Trick-or-Treat on the Square was set 6-8 p.m. Saturday, Oct. 30.

•Cruse announced the Greensburg water tower is being painted.