WHO WE ARE

Tax Notice:

The LaRue County Board of Education is proposing a general fund tax levy of 54.0 (which includes exonerations of 0.2 cents – 53.8 plus 0.2 cents) cents on real property and 54.0 (which includes exonerations of 0.2 cents – 53.8 plus 0.2 cents) cents on personal property.

The General Fund tax levied in fiscal year 2026 was 53.4 cents on real property and 53.4 cents on personal property and produced revenue of $5,958,020.80.  The proposed General Fund tax rate of 54.0 cents on real property and 54.0 cents on personal property is expected to produce $6,052,060.  Of this amount, $989,831 is from new and personal property. The compensating tax for 2027 is 51.8 cents on real property and 51.8 cents on personal property and is expected to produce $5,805,494.89.

The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $94,040 above 2026 revenue is to be allocated are as follows: Cost of collections, $3,762, building fund reduction of $42,226, instructional $97,497, transportation $13,322, and maintenance $21,685.

If the recall effort relating to the 2025 tax rate is resolved in favor of the LaRue County Schools, the recallable portion, 3.8 cents, of the 2025 tax rate will be added to the rate adopted this year.

This information is published pursuant to KRS 160.470. The proposed tax rate is not subject to recall under KRS 132.017.

The General Assembly has required publication of this advertisement and information contained herein.