Return to HomepageHome 242 Lee Avenue, PO Box 668, Beattyville, KY 41311  Phone: 606.464.5000 | Fax: 606.464.5009
Beattyville - Birthplace of Kentucky River (taken by C.Beach III)

Beattyville - Birthplace of Kentucky River (taken by C.Beach III)

PUBLIC HEARING

The Lee County Board of Education will hold a public hearing in the Lee County Board of Education Room on April 9, 2014, at 5:00 pm to hear public comments regarding a proposed general fund tax levy of 35 cents on real property and 35 cents on personal property.

                                                PUBLIC HEARING SCHEDULED

                               District: 321 Lee County  - School Year:   2013-2014

The General Fund tax levied in fiscal year 2013 was 29 cents on real property and 29 cents on personal property and produced revenue of $761,861.52.  The proposed General Fund tax rate of 35 cents on real property and 35 cents on personal property is expected to produce $920,117.99  Of this amount $155,894.27 is from new and personal property.  The compensating tax for 2014 is 28.2 cents on real property and 29 cents on personal property and is expected to produce $744,505.60.

The general areas to which revenue of $158,256.99 above 2013 revenue is to be allocated are as follows: Cost of collections, $6,330.28; building fund, $148,421.78; instruction, $3,504.93; transportation, $0; and maintenance of plant, $0.

 

 

 

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





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