The Campbell County Board of Education is proposing a general fund tax levy of 65.2 cents on real property and 64.5 cents on personal property. The general fund tax levy on real property includes 0.7 cents to recover prior year losses due to exonerations.

The General Fund tax levied in fiscal year 2026 was 64.3 cents on real property and 61.9 cents on personal property and produced revenue of $36,838,441. The proposed General Fund tax rate of 65.2 cents on real property and 64.5 cents on personal property is expected to produce $39,925,491 at a 100% collection rate. Of this amount, $3,267,347 is from new and personal property. The compensating tax for 2027 is 62.8 cents on real property and 62.8 cents on personal property and is expected to produce $38,455,481 at a 100% collection rate.

The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenues will be allocated are cost of collections, building fund, instruction, transportation, technology, teacher and staff salaries, and maintenance of plant. SEEK revenue in the fiscal year 2026 was $12,585,307. Forecasted SEEK revenue for the fiscal year 2027 is $11,415,113. This is an estimated SEEK (state provided funds) decrease of $1,170,194.

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 information contained herein.