Lexington area taxes... (Lexington-Fayette: sales, how much, neighborhood)

[lowmanj]

We are starting to look into moving to the Lexington, KY area maybe in the next year. I am hoping someone could answer a few questions about what or how are the taxes in the Lexington and surrounding areas? Not how much but just some examples of taxes like Federal, state, locale, working tax, property, school tax, sales tax or anything else (breath tax, wake up tax)?? We moved to PA from FL and the all of the PA taxes took us by surprise!!

How are the utilities? Electric, water, sewer, gas and trash pickup are they all seperate as in you can pick who you use or does the city or county provide the service then you pay one bill?

Thanks for any information.

[LEXpert]

There are several different tax districts in Fayette County depending on the level of services the city offers. The most expensive one is 1.0951% of assessed value and includes garbage pick up. The state sales tax is 6%. I know as a self-employed person I pay a total of 2.75% for local/school tax. I assume it is the same for everybody.

For Fayette County, the electric company depends on where you live. There is Kentucky Utilities (KU) and Bluegrass RECC. I have heard that the RECC is more expensive. The part of town with RECC is mainly outside Man O War in South Lex. Most tax districts include garbage collection. If the neighborhood does not include it, your rate will be cheaper and you can pick one of a handful of private companies. Much of SW Lex has private collection.

Having been here for 25 years, I don't really have anything to compare the cost of utilities with, but as a realtor who deals with an awful lot of out of town buyers, I have never had anybody complain about utility costs......so I assume they are reasonable.

Also, the city and county are a merged government called Lexington-Fayette Urban County Government (LFUCG).

Here are a few links:

General tax stuff: Fayette County - Taxes and Incentives

PVA tax districts & property tax rates: Fayette County Property Valuation Administrator

LFUCG site: Lexington-Fayette Urban County Government Lexington, Kentucky : Home

[lowmanj]

Thanks for the information.

[PONYPULR]

You also pay a tax on your vehicle(s) when registering them in KY. I believe it is based on current value.