Matt Lasley | GC News-Gazette The Grayson County Fiscal Court meets in regular session on Tuesday afternoon.

Matt Lasley | GC News-Gazette

The Grayson County Fiscal Court meets in regular session on Tuesday afternoon.

The Grayson County Fiscal Court on Tuesday voted to set the county's tax rates for 2019.

Per Grayson County Judge Executive Kevin Henderson's recommendation, the court opted to not increase tax rates this year and voted to approve the compensating tax rates of 6.7 on real property and 7.9 on watercraft and motor vehicles.

The real property tax rate is projected to produce $783,737 in revenue; the watercraft tax is projected to produce $16,308 in revenue; and the motor vehicle tax is expected to produce $128,430 in revenue.

In other business, the fiscal court:

*Received a report from Grayson County Jailer Jason Woosley that, after the bond sale for the jail addition was completed, the interest rate for the project was set at 2.88 percent, as opposed to the projected 3.28 percent.

Woosley said this reduced interest rate is expected to save more than $2 million over the life of the loan.

*Voted to declare an unused van owned by the Grayson County Detention Center to be surplus and to donate it to the Leitchfield Animal Shelter, per Woosley's request. The van currently has around 280,000 miles on it, Woosley said.

*Was notified that supplies and equipment are expected to be delivered this weekend for the project to repair and replace brick on the Grayson County Government Building with work expected to begin next week.

*Voted to refinance the Kenworth dump trucks ordered earlier this year at an interest rate of 3.42 percent through the Kentucky Association of Counties and to also lease the trucks through the Magnolia Bank.