The Madisonville City Council moved closer to setting this year’s property tax rates during its meeting Tuesday night, as the discussion centered around whether to keep rates steady or adopt changes.
Mayor Kevin Cotton addressed the second reading of the ordinance about the ad valorem tax rates.
click to download audioHe went on to suggest keeping the property tax rates unchanged from the previous year.
click to download audioCity Clerk Kim Blue proceeded to read the second reading of the ordinance.
click to download audioNo council members made a motion to approve the second reading of the ordinance reflecting the rate increase, resulting in the ordinance’s failure. A motion was then made to reintroduce the ordinance without any changes to the rates or dates, which was presented by Blue.
click to download audioThe ordinance was unanimously approved, and Mayor Cotton announced that the second reading of the amended ad valorem tax rates will take place at the next city council meeting.
With no further business or department reports, the meeting was adjourned.
