Bowling Green City Commission Proposes Changes to Property Tax Assessment Rates

The Bowling Green City Commission recently convened to address municipal issues, placing a significant focus on the adjustment of property tax assessment rates. Mayor Todd Alcott emphasized a commitment to fostering community growth, ensuring that proposed changes enhance local development without imposing harm on residents.

The city’s Chief Financial Officer, Katie Schaller-Ward, recently hosted a public hearing to discuss proposed modifications to the property tax assessments. While the property tax rate in Bowling Green has remained static since 1980, currently set at 20.4%, the commission is considering adjustments to the assessment method rather than altering the existing tax rate itself.

During the meeting, Schaller-Ward clarified that any increases noted in property tax bills correlate with changes in assessed property values rather than modifications to the tax rate. Significantly, the current proposal does not entail a rise in the tax rate, but instead looks to refine how properties are assessed.

Should the ordinance to revise property assessment practices be adopted, there will be a 45-day waiting period before any changes take effect. The city is also required to publish a notice regarding the ordinance within seven days of its adoption in a local newspaper. Residents wishing to challenge the proposed changes can file a petition with the Warren County Clerk, requiring approximately 2,312 signatures, equating to 10% of the total votes cast in the most recent presidential election.

After deliberation, city commissioners collectively decided to reduce the property tax rate slightly from 20.4% to 20.3%. This decision comes amid indications of continued growth in the area. City Manager Jeff Meisel noted that Bowling Green is now recognized as the fastest-growing city in Kentucky, with a robust economic landscape and a steadily increasing real estate market.

During 2024, it was reported that property assessment increases affected 60% of all properties within Warren County, resulting in a significant property growth rate of 6.3%. While city commissioners are tasked with deciding tax rates, it is critical to note that the determination of property assessment values lies under the jurisdiction of the Property Value Administration.

Residents who have questions about the property tax rate or the assessment process are encouraged to reach out to the finance department via email or phone for assistance.

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Property Tax Assessment Overview