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About 63.5% of all property taxes go to the schools, according to city officials. Among the several recipients, the state receives 9.4% of property taxes while the Lexington general fund receives ...
The Lexington-Fayette Urban County Council voted unanimously to keep an increase in property tax revenue at 4% by rolling back the rate. Property tax rates for city of Lexington are decreasing ...
A final vote on the tax is coming at the end of August.
Lexington is a consolidated city coterminous with and the county seat of Fayette County, Kentucky, United States.As of the 2020 census the city's population was 322,570, making it the second-most populous city in Kentucky (after Louisville), the 14th-most populous city in the Southeast, and the 59th-most populous city in the United States.
In particular, Lexington would have been classified as a first-class (Class 1) city. Although basic city classification changed in 2015, the old classifications will remain relevant for some time. Because many provisions of state law applied only to cities of certain pre-2015 classes, House Bill 331 was explicitly written to address such issues.
Fayette County is a county located in the central part of the U.S. state of Kentucky and is consolidated with the city of Lexington. As of the 2020 census, the population was 322,570, [1] making it the second-most populous county in the commonwealth. Since 1974, its territory, population and government have been shared with Lexington. [2]
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