Tagged: tax

Mayor Fischer has been an outspoken proponent of a local sales tax option for the city. At the Kentucky Chamber of Commerce's annual meeting in July, he explained: 

Let’s say we want a new forensic crime lab in Louisville, costs $35 million dollars, could be public transportation, could be schools—but again they’re optional. So in other words the voters of your city, the voters of your county get to vote yes or no.

Kentucky’s economic development cabinet has granted final approval for a special taxing district near the University of Louisville’s Belknap campus.  

The over 900-acre tax increment financing district is the largest ever approved by the state.   The TIF program will allow U of L to keep a portion of state and local taxes generated within the district.

U of L President James Ramsey says the district will help finance an engineering and applied sciences research park, much like the healthcare facilities developed in the downtown TIF district.