By Ben Carlson, News staff
The assessed value of real estate in the city of Lawrenceburg is down nearly $8.5 million from the previous year, according to figures released late last week by Property Value Administrator Brian Stivers.
The decline marks the fifth consecutive year of decline of real estate in the city, which is down just over $12 million since 2010. That year, the city’s assessed value stood at $542,260,147. This year it stands at $530,167,902, a decline of about 2.25 percent.