The City of Caneyville this week set its property tax rates for 2016.
During a special called meeting on Monday, Oct. 3, the Caneyville City Commission heard the second and final reading of the 2016 Caneyville Property Tax Rates ordinance.
Following the reading, the City Commission voted to adopt the ordinance.
Per the ordinance, the city property assessment determined that there are $16,553,727 worth of real estate and $3,703,175 worth of tangible personal property within Caneyville.
The ordinance states that for 2016, the property tax rates in Caneyville will be as follows:
24.30 cents per $100 assessed valuation on real estate
24.30 cents per $100 assessed valuation on tangible personal property, inventory, and non-commercial aircraft and watercraft
Additionally, for 2017, there will be a tax of 30.0 cents per $100 assessed valuation on motor vehicles.
Caneyville property taxes—other than those on vehicles and watercraft, which are collected by the Grayson County Clerk—will be due and payable by Dec. 31, 2016.
If taxes are paid by Nov. 30, 2016, they will be subject to a 2 percent discount.
Taxes that are paid from Jan. 1 through Jan. 31, 2017 will be subject to a 5 percent penalty. After Jan. 31, 2017, taxes will be subject to a 10 percent penalty.
An interest rate of 12 percent per annum will also be added to unpaid taxes after Dec. 31, 2016.
Taxes may be paid at Caneyville City Hall, located at 304 East Maple St., Monday through Wednesday and Friday from 8 a.m. to 4 p.m. or mailed to P.O. Box 69, Caneyville, KY 42721.
In other business:
*City Commissioner Mike Geary said a gospel singing has been scheduled for Saturday, Oct. 22, and a bluegrass opry show has been scheduled for Saturday, Nov. 5.
Both shows will be open to the public and held in the Caneyville Purple Flash Community Center.
So far, McDonald Road and Sassybrown have committed to the bluegrass opry show, and more groups may perform, as well, Geary said.
*Caneyville Mayor James Embry said the Caneyville Volunteer Fire Department recently received new turnout gear.
*Geary said the project to replace the roofing on the Caneyville Purple Flash Community Center has been completed.
*The City Commission granted approval for Caneyville City Clerk Connie Gootee to apply for a 50/50 matching safety grant for sidewalk repairs.
Gootee said the grant, if received, would reimburse Caneyville up to $1,500.
Reach Matt Lasley at 270-259-9622, ext. 2015.