Fort Thomas tax rate will likely hold steady

LINK nky

Fort Thomas tax rate will likely hold steady

The tax rate in Fort Thomas is most likely staying the same as it was last year. The proposed real property tax rate, presented during Tuesday’s evening city council meeting, was $0.348 per $100 of property valuation, as it was for Fort Thomas in the fiscal year 2023-2024. However, the rate is slightly higher than the compensating rate for this year.How do property taxes work?Property taxes are broken down into several categories. The first and …