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Fort Wright proposes property tax cut
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Fort Wright proposes property tax cut
Fort Wright is moving forward on a proposed property tax cut. The Fort Wright City Council suggested a real property tax rate between $1.85 and $1.87 per $1,000 of assessed value on Wednesday, a 6-7% decrease from the current $1.99 rate and a continuation of a downward trend that has taken the rate from $2.48 in 2023 to $2.15 in 2024 to $1.99 this year. Council members noted that state law treats tax changes differently depending on size: rates …
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