For the first time since 1966, property taxes county-wide in Madison County could be raised.
This is following this morning’s Madison County Fiscal Court meeting, where it was proposed in a first reading to potentially raise property taxes in order to 100% fund the long-awaited jail expansion for the county.
WBONtv spoke with Madison County Treasurer Glenna Baker as well as Jailer for the County Steve Tussey, who said that many may be up in arms over this potential tax increase for the County.
However, Baker reiterates that this is only the first reading, and that the taxes on property have not been increased in decades.
Additionally, officials report that they have looked at all other options in order to fund the jail’s strains, where there are currently over 430 inmates in the 184 bed facility.
Laws statewide affect what the County can raise as far as taxes, as Baker reports in the video. Therefore, the county has no choice but to vote on this new potential increase strictly for property owners. They add that this is separate from the Richmond and Berea city property taxes, and applies county-wide.
Stay tuned to WBONtv as we will update this story when the Fiscal Court takes up the second reading in the coming weeks.