08/25/2026
Each year, Kentucky school boards are required to consider and adopt property tax rates to support their districts. As part of that annual process, the Boyle County Board of Education is considering the following proposal for the 2026–27 school year.
2026–27 Property Tax Rate Proposal
The Board is proposing a General Fund tax rate of 66.8 cents on real property and 66.8 cents on personal property.The proposed real-property rate is the same as last year, while the proposed personal-property rate is a decrease from 70 cents to 66.8 cents.
Revenue Information
Last year’s General Fund tax rates produced $11,408,008.68. The proposed rates are expected to produce $12,050,946.28, including $2,115,670.74 from new and personal property. The 2027 compensating rate is 64.4 cents on real property and 64.4 cents on personal property and is expected to produce $11,617,978.14. The proposed rates are expected to generate $642,937.60 more than the district received last year. That additional revenue would be allocated as follows:
Instruction: $385,762.56
Building fund: $96,440.64
Transportation: $77,152.51
Maintenance of plant: $64,293.76
Cost of collections: $19,288.13
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 the information contained herein.
