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OLDHAM COUNTY BOARD OF EDUCATION
Adopted Tax Rate

On September 17, 2026, the Oldham County Board of Education approved to adopt the following tax rates for FY27:

1) Adopt the tax rate of 82.0 cents per $100 assessed value for both Real Property and Tangible Personal Property with the allocation of such tax rate being:
     General Fund 59.6
     Building Fund 22.4

2) Motor Vehicle Tax Rate of 64.3 cents per $100 of assessed value

3) Utility Tax Rate of 3.0%

The Oldham County Board of Education is proposing a general fund tax levy of 82 cents on real property and 82 cents on personal property, including exonerations for both.

The General Fund tax levied in fiscal year 2026 was 81.2 cents on real property and 81.2 cents on personal property and produced revenue of $75,137,713.26. The proposed General Fund tax rate of 82 cents on real property and 82 cents on personal property is expected to produce $82,159,480.64. Of this amount, $5,759,462.13 is from new and personal property. The compensating tax for 2027 is 78.8 cents on real property and 79.3 cents on personal property and is expected to produce $78,976,251.57.

The proposed rate is expected to generate more revenue than received in the preceding year. The general areas to which revenue of $7,021,767.38 above 2026 revenue is to be allocated are as follows: Cost of collections, $105,326.51; building fund, $1,404,353.48; instruction, $5,160,999.03; transportation, $210,653.02; and maintenance of plant, $140,435.34.

Estimated Impact on a Property Owner

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.