NewsCovering Kentucky


Fayette Co. School Board Holds Public Comment Session On Tax Increase

Posted at 11:50 AM, Aug 27, 2018
and last updated 2018-08-27 17:40:37-04

LEXINGTON, Ky. (LEX 18)– The Fayette County School Board will likely hear from many people against a proposed property tax increase to fund a safety plan for public schools before they pass a separate annual tax increase.

The board is not meeting about the proposed safety plan tonight, but members will likely hear about it.  The public comment session is meant for a different property tax increase being voted on.

The annual increase was included in the May budget and amounts to one cent more per $100 of property value, but that is not what some speakers will focus on.

There will likely be a number of people opposed to the proposed five cent increase passed last month. That increase is estimated to bring in $13.5 million for numerous safety improvements in the district. It will cost the average homeowner about $88 a year.

Opponents have until Friday to get 14,000 signatures to get the issue on the ballot in November, if not, the increases are final.