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Stock impact report

New policies will provide long-term help with property tax spike in Lexington, Fayette | Opinion [Yahoo! Finance]

Community Trust Bancorp, Inc. (CTBI) 
Last community trust bancorp, inc. earnings: 4/22 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.ctbi.com
Company Research Source: Yahoo! Finance
Like so many of you, I received a notice this week that the assessment of our house is going up — way up. But, unlike many Lexingtonians, I wasn't surprised at our 57 percent hike. For the past three years, I have been part of a group that has been educating people about the connection between land use policies and the cost of housing. Lexington For Everyone began advocating for balanced, equitable land use policies that will provide more opportunity for land for jobs and housing at all income levels and stages of life. Fayette County PVA David O'Neill has been bearing the brunt of people's unhappiness with the property tax increases, but that blame is misdirected. He doesn't create policy. He assesses the market and implements that policy. Mr. O'Neill has been providing valuable education on this matter for a long time. His presentations to groups and individuals explain that starter homes aren't being built in Lexington anymore and that home prices have skyrocketed 100 percen Show less Read more
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