City of Richlawn

Revenues, Funds, Etc.

Sep 08, 2007

In addition to the Property tax base upon which the City operates, funds accruing to the City
from the State?’s Municipal Aid Road Fund, which in turn is derived from a percentage of the
taxes that we all pay on gasoline, have been earmarked for future use in road repair and
similar endeavors. Investments maintained thru the years by the City yield sufficient return to
provide us with a financial structure allowing the completion of special projects, such as the
paving of Richlawn?’s streets, without raising taxes or imposing special assessments. A 5%
insurance premium tax is charged and collected by the insurance companies on various types of
policies.
PLEASE BE SURE TO INFORM YOUR INSURANCE COMPANY/AGENT THAT YOU LIVE IN
THE CITY OF RICHLAWN SO YOUR TAX DOLLARS CAN COME BACK TO RICHLAWN AND NOT THE
CITY OF LOUISVILLE.