LAWRENCE COUNTY BOARD OF EDUCATION
On March 15, 2017, the Lawrence County Board of Education adopted an additional tax rate. This is a general property tax of an additional 5 cent equivalent tax rate (“Nickel Equivalent”) on real and personal property, which produces an equivalent of five ($.05) cents per one hundred dollars ($100) of assessed property more than the amount of revenue produced for the 2016-17 school year. The “nickel equivalent” rate in FY 2017 is 5.1 cents per one hundred dollars ($100) of assessed property. The revenue produced by this rate would be dedicated to major renovation of existing school facilities, new construction, and debt service. The District will not begin collecting the additional revenue from this levy until the 2017-2018 tax year. This 5.1 cent rate is subject to recall in accordance with KRS 160.470 (8) (a).
Chris Jobe, the Lawrence County Clerk, is located at 122 Main Cross Street, Louisa, Kentucky, and his phone is (606) 638-0504. This official can provide the necessary information about the petition required to initiate recall of the tax rate.
The General Assembly has required publication of this advertisement and the information contained herein.
Robbie L. Fletcher, EdD
Superintendent, Lawrence County Schools
