The Marion County Board of Education will hold a public hearing at the Marion County Board of Education Central Office, 755 East Main Street, on Thursday, September 10, 2026, at 4:45 p.m. to hear public comments regarding a proposed general fund tax levy of 57.3 cents on real property and 57.3 cents on personal property, including exonerations for both.
The General Fund tax levied in fiscal year 2026 was 57.4 cents on real property and 57.4 cents on personal property and produced revenue of $12,817,342.89. The proposed General Fund tax rate of 57.3 cents on real property and 57.3 cents on personal property, which includes exonerations, is expected to produce $13,951,048.85. Of this amount $4,777,494.02 is from new and personal property.
The compensating tax for 2027 is 55.0 cents on real property and 55.0 cents on personal property and is expected to produce $13,391,059.11.
The general areas to which revenue of $1,133,705.96 above 2026 revenue is to be allocated is as follows: Cost for collections, $28,342.65; Building Fund $56,685.30; Instruction, $586,745.63; Transportation, $317,805.46; Maintenance of Plant, $144,126.93.
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.