330 Pisgah Pike Versailles, KY 40383
330 Pisgah Pike Versailles, KY 40383
Per the Kentucky Department of Education Commissioner's Office
Updates on Review of Property Tax Statutory Requirements
KRS 160.470provides the process by which a local board of education annually adopts property tax rates. Because of a question about the process from a district, the Kentucky Department of Education (KDE) recently conducted a review of the statutory requirements.
The review determined that the statute permits a local board of education to adopt a tax rate up to and including the 4% tax rate without advertising or holding a public hearing. In the past, KDE provided guidance that a board was required to advertise and hold a hearing if they exceeded the compensating rate. Exonerations may be included in the property tax adoption, but will not trigger any additional advertising or hearing requirements.
KRS 132.0225provides that, unless the local board is adopting a tax rate, excluding exonerations, above 4%, they must adopt a property tax rate within 45 calendar days of the Department of Revenue’s property certification for the school district. If this requirement is not met, the compensating tax rate will be applied to that year’s tax bills.
|Tax Rate||Advertising||Hearing||Additional Advertising|
|Above Compensating/ Below 4%||No||No||No|
|Subsection (1)||If above 4%, yes||If above 4%, yes||If above 4%, yes|
If attending the Board meeting in person, a member of the public may sign up prior to the 6:00 PM start of the meeting in order to make a comment. If attending the Board meeting by watching the live stream on YouTube, a member of the public may submit a statement via email anytime throughout the day on the date of the meeting to Angel Cooper (email@example.com). Comments must be submitted prior to the 6:00 PM start time. Angel will print the emails, and each statement will be read during the public comment portion of the agenda. Elaine Bailey, Communications Officer, will read the comments. A copy of the email will be kept to accurately reflect those who submitted a public comment just as our sign-up sheet is kept now. Each statement will be limited to no more than 3 minutes. Each statement must be related to an item on the agenda.
Our Yellow Jackets Boys Basketball team has advanced to the first round of the State tournament. It has been nearly 40 years since Woodford County High School played at Rupp Arena in the Sweet Sixteen. Needless to say, we are absolutely thrilled for our players and coaches, our students and staff members, and our community. Since this is a moment in Woodford County history in which many people will want to participate, we will not be in school on the day of the game: Wednesday, March 15. Instead, we hope you consider joining us at Rupp Arena to watch our boys showcase their talents and passion on the court! Again, there will be no school in the district on Wednesday, March 15.
The game is on Wednesday, March 15, at 11:00 AM. If you are interested in attending the game, tickets in Woodford’s section are available through this link (https://www.ticketmaster.com/event/16005E62D4C672E9...). The discounted rate of $12.50 (plus fees) is only on sale today (March 9) from 1:00 - 4:00 PM. The discounted sections are 21, 22, 23, 24, 221, 223, 224. Please note that all tickets purchased in these sections are single game tickets. After Woodford plays, your ticket will not allow you to stay for the game following ours. However, if you decide to purchase a ticket outside of these sections, these will allow you to stay for the following game.
Tickets are valid one hour before the start of the game.
You may buy tickets later this week or outside of these designated sections, but they will be full price. Additional seating in other sections will be made available via the box office through the links on the KHSAA ticketing site (https://khsaa.org/.../day-to-day/khsaa-championship-tickets/) and via the public market onTicketmaster.com.
Tickets for accessible and companion (attendant) seating are available online through the Central Bank Center Box Office by calling (859) 233-3535.
We will communicate with you tomorrow about how this calendar change will be made up later in the school year.