NOTICE OF PUBLIC HEARING

Pursuant to KRS 132.027, as enacted by the Kentucky General Assembly Extraordinary Session of 1979, the City of Hopkinsville will hold a Public Hearing at 11:00 a.m., local time, Tuesday, September 20, 2011 in the Council Chamber of the Lackey Municipal Building regarding proposed 2011 Tax Rates on Real Property.

LAST YEAR'S (2010) PROPERTY TAX RATE = 23.6 cents per $100

THIS YEAR'S (2011) PROPERTY TAX RATE = 23.6 cents per $100

PROPOSED CHANGE IN RATE = 0 cents per $100

As required by state law, this Notice includes the following information:

                                                            Tax Rate Per $100

                                                          Assessed Valuation               Revenues

(1)  Preceding Year Tax Rate and                 23.6 cents                   $3,268,057

       Real Property Revenue

(2)  Tax Rate Proposed for 2011 and             23.6 cents                   $3,386,544

      Expected Real Property Revenue

(3)  Compensating Tax Rate and                   23.4 cents                   $3,268,057

      Expected Real Property Revenue

(4)  Revenue Expected from New Real         23.6 cents                   $78,865

      Property

(5)  Revenue Expected from Personal          25.1 cents                   $517,411

      Property

The City of Hopkinsville proposes to exceed the compensating tax rate by levying a proposed tax rate which will be spent in the following general areas of city government: Administration, Public Safety, Public Works, Public Services, and Pension Debt payments.

THE KENTUCKY GENERAL ASSEMBLY HAS REQUIRED PUBLICATION OF THIS ADVERTISEMENT AND THE INFORMATION CONTAINED HEREIN.

Christine F. Upton, MMC

City Clerk

City of Hopkinsville