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Taxes

  State Property Tax Rates Per $100 Valuation, 2016  
  Selected Class of Property State Rate Local Taxation
Permitted
 
  Real Estate $0.1220 Yes  
  Manufacturing Machinery $0.1500 No  
  Pollution Control Equipment $0.1500 No  
  Inventories:  
      Raw Materials $0.0500 No  
      Goods in Process $0.0500 No  
      Finished Goods $0.0500 Yes  
      Goods-In-Transit Exempt Limited  
  Motor Vehicles $0.4500 Yes  
  Other Tangible Personal Property $0.4500 Yes  
  Source: Kentucky Department of Revenue.  

  Local Property Tax Rates Per $100 Valuation, 2016  
  Taxing Jurisdiction Property Taxes
Per $100 Valuation
 Notes  
  Real Estate Tangibles Motor Vehicles  
  County  
  Daviess $0.2428 $0.3067 $0.2540    
  Hancock $0.1995 $0.2018 $0.1314    
  McLean $0.2709 $0.2989 $0.2208    
  Muhlenberg $0.2608 $0.2884 $0.1722    
  Ohio $0.1844 $0.2368 $0.1580    
  City  
  Beaver Dam $0.2670 $0.2766 $0.2410    
  Calhoun $0.1270 $0.1580 $0.1700    
  Central City $0.2650 $0.3165 $0.2050    
  Drakesboro $0.2700 $0.3070 $0.3070    
  Fordsville $0.1900 $0.1900 $0.2000    
  Greenville $0.3100 $0.2145 $0.1940    
  Hartford $0.5500 $0.4800 $0.2280    
  Hawesville $0.3940 $0.7500 $0.4128    
  Island $0.1550 $0.1779 $0.1510    
  Lewisport $0.2100 $0.2100 $0.2100    
  Livermore $0.1720 $0.1794 $0.1800    
  McHenry $0.2000 $0.2000 $0.2000    
  Owensboro $0.2593 $0.2565 $0.3030    
  Powderly $0.2120 $0.3210 $0.0840    
  Sacramento $0.1960 $0.2037 $0.2000    
  School District  
  Daviess County Schools $0.6480 $0.6480 $0.4900    
  Hancock County Schools $0.6170 $0.6170 $0.4000    
  McLean County Schools $0.5560 $0.5560 $0.5150    
  Muhlenberg County Schools $0.5270 $0.5270 $0.5160    
  Ohio County Schools $0.5050 $0.5050 $0.5180    
  Owensboro Independent Schools $0.8580 $0.8580 $0.6410    
  Source: Kentucky Department of Revenue.  

  Local Occupational License Taxes, 2016  
  Cities, counties and school districts may levy an occupational license tax on the net profits of businesses and/or on the salaries and wages of employees earned in the jurisdiction. Rates can vary between the two types of occupational license taxes. Occupational license taxes may be levied on businesses as either a flat rate schedule or as a percentage of apportioned net profits or gross receipts. Where both the city and county levy an occupational license tax, a credit may be given, at the option of the local governments, for the amount paid to the city against the occupational license tax of the county. (Consult local jurisdictions for further details.)  
  Taxing Jurisdiction   Tax Rate on
Salaries/Wages
  Tax Rate on
Net Profits/Receipts
 
  County  
  Daviess   0.35%   0.35% (on net profits)  
  Hancock   1.25%   1.25% (on net profits)  
  McLean   1.00%   1.00% (on net profits)  
  Muhlenberg   No tax   No tax  
  Ohio   1.00%   1.00% (on net profits)  
  City  
  Beaver Dam   No tax   No tax  
  Calhoun   No tax   No tax  
  Central City   No tax   No tax  
  Drakesboro   No tax   No tax  
  Fordsville   No tax   No tax  
  Greenville   No tax   No tax  
  Hartford   1.00%   No tax  
  Hawesville   No tax   No tax  
  Island   No tax   No tax  
  Lewisport   No tax   No tax  
  Livermore   No tax   No tax  
  McHenry   No tax   No tax  
  Owensboro   1.39%   1.39% (on net profits)  
  Powderly   No tax   No tax  
  Sacramento   No tax   No tax  
  School District  
  Daviess County Schools   No tax   No tax  
  Hancock County Schools   No tax   No tax  
  McLean County Schools   No tax   No tax  
  Muhlenberg County Schools   No tax   No tax  
  Ohio County Schools   No tax   No tax  
  Owensboro Independent Schools   No tax   No tax  
  Source: Occupational Taxes Spreadsheet - Kentucky Secretary of State, Local Tax Listing - Kentucky Personnel Cabinet