08/06/2024
Hopefully this can give some clarity to the questions about tax assessments from Fayette County.
Pick up a copy of the August Chevy Chaser Magazine or Southsider Magazine for a thorough explanation of property assessments. The electronic version is attached here, but there is more neighborhood specific data in the print editions.
I contribute an article for the July or August issues every year, but this year it is significantly expanded to explain how assessments are generated and how to protest them if necessary. This is a must read for any Lexington property owner.
The blue shaded area of the attached map is the portion of the county where residential neighborhoods will be evaluated for possible reassessments in 2025.
https://smileypete.com/community/the-state-of-local-real-estate-understanding-property-tax-as/
