GLASGOW, Ky. — Barren County is proposing to increase its property tax rate for the 2026–27 fiscal year, with a public hearing scheduled for Aug. 21.

The county is proposing a rate of 12.4 cents per $100 of assessed property value, up from the current rate of 12.2 cents per $100.

For property owners whose assessed values remain unchanged, the proposed rate would increase the county portion of their property tax bill by $2 for every $100,000 of assessed value.

If approved, the proposed rate is expected to generate $3,966,056 in property tax revenue, compared with $3,686,953 generated under the 2025–26 rate.

The county’s proposed compensating tax rate is 12.0 cents per $100 of assessed value and is expected to generate $3,838,118 in revenue.

The compensating rate is the rate calculated to produce approximately the same amount of revenue as the previous year from existing property, while accounting for changes in property values. The county’s proposed 12.4-cent rate is higher than the compensating rate and would generate additional revenue.

The county estimates $82,532.65 in revenue from new property and personal property.

According to the public hearing notice, revenue generated above the amount collected during the previous fiscal year is expected to be used for general county operations, including public safety, road and bridge maintenance, emergency services, capital improvements and other essential county services.

The public hearing on the proposed tax rate will be held at 2 p.m. Friday, Aug. 21, in the Fiscal Court Chambers at the Barren County Courthouse, 117 N. Public Square in Glasgow.

The hearing will give members of the public an opportunity to comment on the proposed tax rate.