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Residents likely won’t see an increase in their city property tax bills this year.
During a special meeting on Monday night, Campbellsville City Council members had first reading of an ordinance that keeps the city’s real and personal property rates the same as last year at 19.2 and 17.9 cents per $100 assessed value, respectively.
Though last year’s rates were 19.1 and 18.1 cents, the differences in property value will produce about the same revenue as last year, at $5,000 more revenue for the new property located in the city limits.
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