Beshear said unlike the federal government, he believes we can cut taxes without leaving people behind. FRANKFORT, Ky. — Gov.

Property taxes in Kentucky have dropped for the fifth consecutive year — the 2025 rate will lower to 10.6 cents per $100 assessed value, down from 10.9 cents in 2024, ...

A proposal to freeze the property taxes of Kentucky residents age 65 and older who own their home and reside there was passed by the state Senate.

Kentucky state government revenue grew by only a fraction of 1% in the fiscal year that ended June 30. Receipts to the General Fund totaled $15.7 billion.

FRANKFORT, Ky. — Kentucky lawmakers have advanced a proposed constitutional amendment meant to protect older homeowners from having to pay higher property taxes. The measure cleared the Senate ...

Residents in New Hampshire, New Jersey, Connecticut, Washington and New York face the highest median property tax amount, ...

FRANKFORT, Ky. (AP) — Kentucky lawmakers have advanced a proposed constitutional amendment meant to protect older homeowners from having to pay higher property taxes. The measure cleared the ...

Kentucky to provide additional tax relief through 2025-2026 ... That’s why we’ve lowered income and property taxes, ... The 2025-2026 exemption reflects a $2,750 change from the 2023–2024 ...

Kentucky Property Tax Breaks for Retirees For homeowners 65 and older , $49,100 of the assessed value of residential property is exempt from Kentucky taxes for 2024. Kentucky gas tax ...

Kentucky has a system to cut the income tax rate annually, so long as budget triggers are met. A new bill passed out of the legislature makes hitting those triggers easier.

Homeowners in Kentucky benefit from a low property tax rate. The state’s average effective property rate is just 0.80%, which is below the national average.