To avoid a countywide property tax increase, the Fayette County Commission is planning to balance the 2012-2013 general fund budget with $1.4 million in unrestricted cash reserves.
But property owners in unincorporated Fayette County, Tyrone, Brooks and Woolsey will likely see a property tax increase for their fire millage rate, as revenues otherwise would plummet by $750,000 thanks to a 12.8 percent decrease in property values. Read More»