August 25, 2026
The Letcher County Board of Education is proposing a general fund tax levy of 68.1 cents on real property and 68.1 cents on personal property.
The General Fund tax levied in fiscal year 2026 was 68 cents on real property and 68 cents on personal property and produced revenue of $3,211,511.27. The proposed General Fund tax rate
of 68.1 cents on real property and 68.1 cents on personal property is expected to produce $4,128,618.57. Of this amount, $807,660.20 is from new and personal property. The compensating tax for 2027 is 68.1 cents on real property and 68.1 cents on personal property and is expected to produce $4,128,618.57.
The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $60,677.50 above 2026 revenue is to be allocated are as
follows: Cost of collections, $12,135.50; building fund, $12,135.50; instruction, $12,135.50; transportation, $12,135.50; and maintenance of plant, $12,135.50.
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.
Respectfully,
Jennifer Caudill
Director of Finance
