Lexington-Fayette Urban County Government - File #: 0827-14

• File #: 0827-14
• Version: 1
• Name: Ad Valorem - LFUCG
• Type: Ordinance
• Status: Approved
• File created: 8/12/2014
• In control: Urban County Council
• On agenda: 8/28/2014
• Final action: 8/28/2014
• Enactment date: 8/28/2014
• Enactment #: O-095-2014
• Title: An Ordinance levying ad valorem taxes for municipal purposes for the Fiscal Year July 1, 2014 through June 30, 2015, on the assessed value of all taxable property within the taxing jurisdictions of the Lexington-Fayette Urban County Government (all taxes on each $100 of assessed valuation as of the January 1, 2014 assessment date), as follows: General Services District, $.0800 on real property, including real property of public service companies, $.0931 on personal property, including personal property of public service companies, noncommercial aircraft, and noncommercial watercraft, $.1500 on insurance capital, $.0150 on tobacco in storage, and $.0450 on agricultural products in storage; Full Urban or Partial Urban Services Districts based on urban services available on real property, including real property of public service companies, $.1431 for Refuse Collection, $.0210 for Street Lights, $.0097 for Street Cleaning, $.0920 on insurance capital, $.0150 on tobacco in storage, $.0450...

Date	Ver.	Action By	Action	Result
8/28/2014	1	Urban County Council	Approved	Pass
8/14/2014	1	Urban County Council	Received First Reading
8/12/2014	1	Urban County Council Work Session	Approved and Referred to Docket	Pass

Title
An Ordinance levying ad valorem taxes for municipal purposes for the Fiscal Year July 1, 2014 through June 30, 2015, on the assessed value of all taxable property within the taxing jurisdictions of the Lexington-Fayette Urban County Government (all taxes on each $100 of assessed valuation as of the January 1, 2014 assessment date), as follows: General Services District, $.0800 on real property, including real property of public service companies, $.0931 on personal property, including personal property of public service companies, noncommercial aircraft, and noncommercial watercraft, $.1500 on insurance capital, $.0150 on tobacco in storage, and $.0450 on agricultural products in storage; Full Urban or Partial Urban Services Districts based on urban services available on real property, including real property of public service companies, $.1431 for Refuse Collection, $.0210 for Street Lights, $.0097 for Street Cleaning, $.0920 on insurance capital, $.0150 on tobacco in storage, $.0450 on agricultural products in storage; and levying an ad valorem tax for municipal purposes at the rate of $.0880 on each $100 of assessed value on all motor vehicles and watercraft within the taxing jurisdiction of the Lexington-Fayette Urban County Government as of the January 1, 2015 assessment date. [Div. of Budgeting, Lueker] (Public Hearing)
Summary
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AN ORDINANCE LEVYING AD VALOREM TAXES FOR MUNICIPAL PURPOSES FOR THE FISCAL YEAR JULY 1, 2014 THROUGH JUNE 30, 2015, ON THE ASSESSED VALUE OF ALL TAXABLE PROPERTY WITHIN THE TAXING JURISDICTIONS OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT (ALL TAXES ON EACH $100.00 OF ASSESSED VALUATION AS OF THE JANUARY 1, 2014 ASSESSMENT DATE), AS FOLLOWS: GENERAL SERVICES DISTRICT, $.0800 ON REAL PROPERTY, INCLUDING REAL PROPERTY OF PUBLIC SERVICE COMPANIES, $.0931 ON PERSONAL PROPERTY, INCLUDING PERSONAL PROPERTY OF PUBLIC SERVICE COMPANIES, NONCOMMERCIAL AIRCRAFT, AND NONCOMMERCIAL WATERCRAFT, $.1500 ON INS...